Egypt's government has advised that current stocks and orders of wheat will last until 19 June 2014, while the country's wheat crop has a very wide range of production estimates.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS This year's Egyptian wheat crop has a very wide range of production estimates with the highest from the agriculture ministry at 9.5 MMT, while other government officials believe that the maximum will be about 9 MMT. However, a survey of private traders indicates that they are much less positive as they expect a total crop of 7 MMT. While the agriculture ministry may be a little too enthusiastic, the traders' estimate is probably too low. A wheat production range of more than 8 MMT and just under 9 MMT is...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
