Turkey's reduced crop production, resulting from several weather-related issues, is negatively impacting both wheat and barley exports as well as increasing the volume of imports required to meet its needs.
News Updates With the month of Ramadan coming to an end last Monday, most countries in North Africa and the Middle East were closed during the week for the Eid. As a result, grain news from the region is quite limited for this report.Local buyers have made this region the major destination for a record level of Russian corn exports. While Turkey represented 49 percent of those sales last year, its share has dropped to 23 percent as Russia's corn exports doubled in the past nine months to 3.9 MMT. Iran and Holland each purchas...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...