Contracts have been awarded in Egypt for the building of two UAE-financed wheat silos there. These are the first two in the joint UAE/Egypt project to build a total of 25 that are expected to expand Egypt's wheat storage capacity by 1.5 MMT.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS: Turkey's drought situation appears to be having quite a serious effect on the wheat crop in much of the country. Both the Turkish government and USDA-FAS forecast that Turkish wheat production will decline over 10 percent to just under 20 MMT, while the barley crop will be slightly worse with a drop closer to 13 percent for a total just under 7 MMT. There are some significant differences between the Turkish and USDA estimates with the latter...
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...
