Jordan will need to continue importing close to 100 percent of its needed wheat supply, according to USDA FAS in Amman. With the influx of Syrian refugees, wheat demand should increase as it seems to do every year.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The local USDA forecast in Morocco indicates that the country's 2014/15 total grain imports, including durum wheat, could be up by as much as 1.2 MMT from 2013/14 as production is expected to be down significantly compared with the previous year's very good crop. Rainfall in the wheat area has been below average and much lower than last year. Although the planted area will be about the same, the expected yields are down to only 1.2 MT per hectare from 2.13 MT per hectar...
What You Need to Know Today: Oil prices surged today following reports of tanker attacks off the coast of Saudi Arabia by Houthi rebels and renewed U.S. threats to escalate military strikes against Iran, heightening concerns over potential disruptions to Middle East energy supplies. Brent crud...
Key Takeaways: The latest UN data shows solid progress reducing global hunger and food insecurity. The geography of hunger-affected people has shifted substantially, however, and Africa is now the most affected region. To understand why hunger patterns have shifted and what policy option...
USDA’s monthly cattle on feed report for 1 July will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 102.2 percent of last year. Those estimates imply an on-feed inventory of 11.327 million head. If accurate, that would be the...