Turkey's poultry industry is benefiting greatly from the Russian ban on EU imports with a jump in its poultry meat exports from approximately 50 MT per month to almost 6,000 MT in October. The country is also set to be the beneficiary of a $300 million allocation from USDA's GSM-102 program.
News Updates USDA Export Credit Guarantee Program (GSM-102) allocations for FY 2015 were announced 5 November 2014 with $237 million directed to the Africa/Middle East region and $300 million to Turkey. These two appropriations are a small part of the overall $2.7 billion global GSM-102 program.While not strictly within the Middle East/North Africa (MENA) region, it is of importance to note that Pakistan has imposed a 20 percent duty on all...
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...
