In light of the sanctions imposed against Russia, grain/oilseed-importing countries in the region such as Turkey, Egypt and Morocco are looking very closely at how they might forge closer ties with that nation for agricultural trade as all three are also exporters of fruits and vegetables.
News Updates Last week's USDA WASDE report showed no changes to any of the grain production estimates for countries in the region. However, import forecasts were revised to reflect a reduction of 500,000 MT in Egypt's wheat imports for a new total of 10.1 MMT, while Iran's was raised 500,000 MT to 5 MMT and Lebanon's corn imports were also increased by 150,000 MT to 650,000 MT.There have been many comments this week about the sanctions against...
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...
