Egypt's Chamber of Tourism reports that a side effect of the Russian situation is a 30 percent decline in hotel bookings. The decrease will have a serious effect on the domestic poultry industry, a major consumer of imported corn and soymeal, as the tourist sector is one of its major customers.
News Updates Due to the December/January Christmas and New Year holidays occurring in most exporting countries, grain activity in the Middle East/North Africa (MENA) region seems to be at a minimum as export offices are short-staffed during this period. MEDITERRANEAN/MIDDLE EAST COMMENTS Once again, the biggest news affecting the MENA region is the Russian wheat situation with the addition of an export tax beginning 1 February 2015. Thi...
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...
