According to a recent report, corn consumption in Saudi Arabia will increase by close to 23 percent in the next four years. This will all have to be imported with most of it going to the rapidly expanding poultry sector that is expected to grow by 52 percent over the same time span.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Very bad weather in Egypt has closed a number of ports, mainly on the Suez or the Red Sea, but severe rains and high winds have slowed port operations in Mediterranean grain ports.The Cairo Chamber of Commerce announced that its poultry division has been involved in serious discussions between Brazilian interests and Egyptian poultry producers that could lead to a very significant investment in the Egy...
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...
