Officials in Egypt are stating that wheat imports in 2015 will drop by 50 percent to 4-4.5 MMT. However, most experts there don't expect any serious decline, and many are anticipating a wheat import level of 10 MMT.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt's GASC was in the wheat market again this past week and booked 120,000 MT of French wheat for shipment 1-10 November 2013 at an average price of $223.70/MT plus freight at $17.50/MT. Offers from Ukraine and Russia were approximately $7/MT and $15/MT higher, respectively, than those from France. There were similar offers from Romania and none for U.S. wheat. GASC is now said to have enough wheat supplies, both in hand and on order, to cover about six months of con...
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...
