Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION MENA region grain importers have been assured by Ukraine shippers that the recent attacks on power systems in Odessa will not affect port operations as grain facilities have alternate energy supplies. Turkey and India will be facing questions from the WTO after U.S. Wheat Associates has asked for an investigation into the wheat marketing practices of both countries. U.S. Wheat says that U.S. exports of wheat and wheat flour have suffered by as much as $800 million per year. Both countries, U.S. Wheat says, have subsidy/support programs that result in wheat and wheat flour being “dumped” in some markets. The action by U.S. Wheat is supported by C...
Accountability and a comprehensive approach to export programming
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What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
In agriculture and food processing, we think a lot about infrastructure: transportation and storage, processing and packaging, distribution and delivery. It is a physical system of roads, railroads, and rivers; concrete and steel storage; processing plants, warehouses, and machinery; and, event...
Key Takeaways: The Panama Canal’s draft restrictions and decreasing rainfall outlook are driving big moves in dry bulk markets this week. Panamax markets are sharply lower as the economics of moving freight across the Canal are deteriorating rapidly, leading to support in Supramax vessels...