While Turkey's demand for both soybeans and soymeal is rising due to expansion in the poultry and livestock sector, it can only be met by increasing imports. About 40 percent of the soybean imports and 35 percent of the soymeal imports come from the U.S.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS India reports that close to 40,000 MT of soybean extraction were exported to the Middle East/North Africa (MENA) region during April-May 2014. This included 35,500 MT to Iran, 2,500 MT to Kuwait and 1,900 MT to Oman.The USDA Export Credit Guarantee Program (GSM-102) reports that all but $15 million of the $212,500,000 allocated to the Africa-Middle East region has been used. The GSM-102 program to Turkey of$ 312,500,000 has been e...
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...
