Agricultural experts in Africa are saying that the first priority regarding grains should be the storage and transportation systems where as much as 30 percent of the crop is lost.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt's Cairo Chamber of Commerce has stated that the building of 24 new storage silos could result in savings of wasted wheat that are the equivalent of 15 percent of the yearly bread subsidy, or about $450 million. This investment in silos will certainly be of long-term benefit to the country both in grain quality improvement and the balance of payments.The poultry industry in Egypt continues to suffer as tourist numbers for September are down 70 percent from last year. Most of that decline occurred w...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...
