Buyers in the Levant, particularly Jordan and Syria, who source all of their corn from Ukraine are very concerned about a possible force majeure situation, because they don't have any easy source for a backup supply.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS North African wheat buyers are looking even more closely at French wheat these days due to the Black Sea situation and concern over future supply deliveries. Some buyers have been indicating that French origin may be the best option. Although it is more expensive, this could ensure steady delivery for the next few months. Comments from Ukraine have certainly not provided much confidence to buyers, especially when the agriculture minister said that most spring crops in...
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...
