In light of recent large fines levied by the U.S. government on financial institutions for avoiding strict Sudanese trade sanctions, many banks and trading companies are reducing their involvement with that country's grain business. Sudan needs to import at least 2 MMT of wheat per year, but this is becoming much more difficult.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The Saudi Arabian government has announced that 42 Saudi companies and individuals have applied to make investments in foreign countries under the Saudi Initiative for Agricultural Investment Abroad. All investments are provided by the private sector, but the foreign country work is supported and assisted by the Saudi Arabian government. Currently, it has...
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...
