Egypt's Red Sea Ports Authority (RSPA) has announced that it will be developing a new wheat import facility in Adabiya Port that is expected to handle about 2.5 MMT per year and create about 1,500 local jobs.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS France Export Cereals (FEC) has said that the country needs to exert more effort in developing Egypt's private sector wheat business that currently divides wheat imports almost equally with the government. To date, French wheat suppliers have focused on government business, but there should be more growth and opportunity in private sector milling as the Egyptian government is planning to reduce subsidies. According to FEC, up to 60 percent of the private sector wheat ne...
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...
