Turkey is now the world's largest exporter of wheat flour, shipping as much as 2 MMT per year. Although quite a bit of that flour goes to Asia, its two main markets are Iraq and Syria with shipments to Sub-Sahara Africa more than doubling over the past few years.
News Updates The biggest news story this week is the situation in Russia and all the questions regarding who will or will not be receiving its wheat. Egyptian officials say they have been assured that all wheat orders will be shipped as contracted. Most market comments indicate that Russia's plight will have little effect on world markets but could certainly impact specific markets in North Africa and the Middle East by causing CNF prices to increase if importers have t...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
