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: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
