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: 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...