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: 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...
