Turkey is expected to release up to 1.2 MMT from the government's 3 MMT of reserve stock local wheat into the country's market. This will certainly reduce the import demand for Black Sea wheat and will probably most affect Russian shippers
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Iran appears to have had another good crop year in 2013, similar to 2012. Both years show 10-15 percent above-average grain production. Iran's grain imports are expected to be considerably lower in 2013/14 compared with last year. This is because quite a bit of last year's record purchases targeted stock building after stocks had dropped very low as a result of sanction-reduced imports in 2010 and 2011. 2013/14 imports are expected to include 4...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
