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: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
