Kenya has set a target to double corn production in the next five years. The government also said that it will be promoting a change in the local diet to reduce corn consumption and increase that of potatoes and rice.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS There was very good news for international grain companies operating in Egypt with the Central Bank's announcement that the ban on companies transferring earnings abroad has been lifted. Although the bank advises that it will not be supplying USD for any transfers and that sourcing dollars will be the companies' task, this action should still make the grain business in Egypt a little easier for global firms.According to Egypt's supply minister, the government's targe...
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...