Black Sea wheat supplies are diminishing and Middle East & North Africa (MENA) buyers are going to have to look to other sources until the next harvest in 2014. European grain experts believe that the French shipments to the region are going to continue at record levels.
News Updates Mediterranean/Middle East Comments As a follow-up to last week's report on Egypt's cancellation of 60,000 MT of Romanian wheat, it is reported in the trade that the reason was a problem with the shipper's performance bond that was either not in the format required by GASC or not available in time. There was no issue with the Romanian wheat.Effective in January 2014, the Central Bank of Egypt has increased the maximum allowed transfer of foreign...
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...
