Iran's Governmental Trading Corporation (GTC) estimates 2014/15 wheat imports at a total 7 MMT, approximately 64 percent of the 11 MMT that the country consumes. Meanwhile, the newly-appointed head of Iraq's grain board has been removed after less than a week in that position.
News Updates A very inexpensive pedal-operated corn sheller has been developed in India that could be of great benefit to small maize farmers in much of Africa. The sheller, which operates on "pedal technology" much like a bicycle, requires only muscle power to use. It is said to process just over 100 kg per hour with a shelling percentage in the mid-90 percent range, and some tests reported up to 150 kg per hour with 98 percent shelling. Damage to corn ke...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
