Egypt is considering a free trade zone with Russia, Kazakhstan and Belarus, also known as the Eurasian Economic Union. This would allow for increased exports of its agricultural goods to these countries, while providing a steady and secure source for wheat imports.
News Updates Local wheat importers will be pleased with the U.S. Wheat Associates (USW) announcement that Ian Flagg has been promoted to the position of regional director for the entire Middle East/North Africa (MENA) region. Mr. Flagg had been the assistant regional director since 2009, originally based in USW's Cairo location and more recently in its Casablanca office. MEDITERRANEAN/MIDDLE EAST COMMENTS The Egyptian government has announced that the purchase price...
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...
