News Updates EGYPT COMMENTS In order to control the fuel shortage problems in the country and attack the expensive fuel subsidy programs, the Egyptian government announced that it would implement monthly limits of subsidized fuel for both vehicles and home use. While the published details are quite specific on what the effect will be on individuals, there is little information about how this will affect the availability of fuel supplies for commercial vehicles. Due to the lack of information, commercial trucking companies are very concerned that they may see a complete end to any fuel subsidies. The government did not specify when it would introduce the new fuel program.Workers at the Egyptian port of Ain Sukhna are on strike again, conti...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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