Reports from Turkey indicate that the government is now strictly enforcing GMO import rules, which have resulted in the rejection of several vessels of U.S. origin DDGS. Buyers in Egypt and Israel are said to be looking at purchasing the refused cargo.
News Updates The Polish port of Gdynia is increasing its grain storage capacity by 60 percent in order to better service export grain customers in Morocco, Algeria, Saudi Arabia, Jordan and Egypt. Gdynia handles about 35 percent of Polish grain exports, a level that is expected to increase once the new grain storage is fully operational. MEDITERRANEAN/MIDDLE EAST COMMENTS Blumberg Grain USA is reported to have signed a $28 million contract with the Egyptian government for the mo...
What You Need to Know Today: Oil prices surged today following reports of tanker attacks off the coast of Saudi Arabia by Houthi rebels and renewed U.S. threats to escalate military strikes against Iran, heightening concerns over potential disruptions to Middle East energy supplies. Brent crud...
Key Takeaways: The latest UN data shows solid progress reducing global hunger and food insecurity. The geography of hunger-affected people has shifted substantially, however, and Africa is now the most affected region. To understand why hunger patterns have shifted and what policy option...
USDA’s monthly cattle on feed report for 1 July will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 102.2 percent of last year. Those estimates imply an on-feed inventory of 11.327 million head. If accurate, that would be the...
