Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Saudi Arabia is the new destination for one of the large sorghum vessels being rerouted from China due to that country’s antidumping tariff change. (According to Reuters, there are 22 such vessels sailing to China.) Although Saudi has been an importer of corn for the animal feed industry and not sorghum, the latter is expected to be used for that purpose and will probably replace some future corn imports. All About Feed published some very interesting statistics on feed production this week (see table below).
Saudi Arabia is the largest buyer of Russian barley, purchasing approximately 1.5 MMT during July 2017-February 2018. Closely following is Iran at about 1.1 MMT with Turkey...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...