Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt seems to have finally settled the ergot problem that has plagued the wheat import business for several months. Government decree 1761/2017 is expected to now end the controversy and set the maximum allowable ergot level at 0.05 percent in the plant quarantine regulations. Black Sea port loading reports can be extremely detailed and also interesting. A review indicates the following regional purchases (volumes approximated) from Ukraine during December:
Egypt’s private sector (135,000 MT of corn) Israel (150,000 MT of corn) Turkey (227,000 MT of corn, including 12,000 MT of Moldovan origin) Turkey (142,000 MT of soybeans) Turkey (67,000 MT of wheat bran - transported i...
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...