Along with Egypt's new wheat relationship with Russia, there is news that it will have a direct freight service to Black Sea Russia in order to facilitate the flow of Egyptian fruit and vegetables to that country and the shipping of grain back to Egypt.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The Egyptian government sold over $800 million in debt certificates for the new Suez Canal project on the first day of issue. The certificates are solely available in Egyptian pounds and only to Egyptian nationals and companies at an interest rate of 12 percent over a five-year payment term. The government is looking to finance as much of the $8.4 billion project as possible through this investment scheme.Along with Egypt's new whe...
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...
