News Updates MEDITERRANEAN AND MIDDLE EAST COMMENTS This week there were quite a few comments in the press and from various organizations on the grain situation in Syria. FAO is reviewing the 40 percent decline in Syrian wheat production, which is a reduction both from its 2011 high and 50 percent lower than historical levels. Syria will require about 1.5 MMT of wheat imports in 2013, 300,000 MT of barley and just over 1.4 MMT of corn. FAO actually shows an increase in local barley production for 2013, which at a total of almost 1 MMT, will be higher than the level reached in recent years. Syria's corn importation level is to be expected, as the country does not grow corn and must meet feed demands of close to 2 MMT.FAO states that it wil...
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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