The trade reports that Egypt's payment for government-purchased grains is slowing significantly with delays in opening letters of credit for tender purchases. Meanwhile, USDA FAS Cairo has issued its latest Grain and Feed report that forecasts Egyptian imports of both wheat and corn will rise slightly in 2014.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Turkey's Ministry of Food, Agriculture and Livestock has issued final 2013 planting and production numbers for grains with some very interesting details regarding changes since 2005. Wheat planted area has dropped by 16 percent, but total wheat production has still increased by close to 3 percent overall to 22 MMT. Barley planting area has declined by about 26 percent with p...
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...
