There is a problem with Egypt's domestic grain silos project, financed with funds from the United Arab Emirates (UAE), that was intended to build 25 storage silos with an approximate 60,000 MT-capacity each.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS There is a great deal of concern in Saudi Arabia regarding the Black Sea situation and how it may affect 2014 barley imports. Although the kingdom states that it has an eight-month supply on hand (about 4 MMT), it certainly wants to maintain its program of regular barley shipments. While the country does have sources other than the Black Sea, this region has recently been its major supplier. There was also a rumor in the trade this week that the importation of barley may once...
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...
