Middle Eastern markets, especially Iran, were buyers of Indian soymeal in 2012/13, but it is expected that those exports to the region will drop in 2013/14 as India's prices are currently about $20/MT higher than prices from South America.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS There is a plan in Saudi Arabia to work on providing insurance coverage for overseas agricultural projects through the cooperation of the Agricultural Development Fund, the Islamic Development Bank and the Arab Authority for Agricultural Investment and Development. The hope is to develop a program that would be attractive to private sector investors as well as add some risk control to their investments, especially in countries where investments...
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...
