Morocco's Attijariwafa Bank is financing $300 million for Russian wheat purchases during the 2014/15 import period. The agreement was signed in Moscow last week with Dreyfus and Glencore said to be participating.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The Egyptian government does not currently expect to meet its local wheat purchasing target of 4.4 MMT, which most felt was a little enthusiastic. However, it has bought 3.65 MMT to date and will be quite fortunate to reach 4 MMT (near the 2013 level) by the purchase program's conclusion on 20 June. According to the Egyptian Ministry of Supply, the country has sufficient local and imported wheat on hand to cover all needs for the next six months.Egypt is said to be develo...
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...
