Morocco's grain imports for the June-October period are up by 80 percent against last year at a total 2.2 MMT including 750,000 MT of wheat and 1.1 MMT of corn. The wheat is mainly from Ukraine, France and Russia with about 80 percent of the corn from Argentina and Brazil.
News Updates Port congestion and bad weather are reportedly delaying some shipments from Russian Black Sea and Azov Sea ports that could affect wheat exports to North Africa and Middle Eastern destinations.Iran has stated very strongly that it has no agreement with Russia for the countertrade of that country's wheat for its oil. Russia will be supplying technical and operational support to the Iranian oil industry, but countertrade does not seem to be in...
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...
