A tremendous amount of interest regarding investments in Egypt's agriculture was generated at a conference held there last week. Two key development agreements worth $6 billion were signed, which included one related to the new global grain logistics centre in Damieitta.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS It is reported in Europe this week that 50,000 MT of German wheat is loading for shipment to Iran.The Egyptian Economic Development Conference last week certainly generated a tremendous amount of interest regarding investments in Egypt's agriculture with stories circulating of multi-billion dollar programs for that purpose. The National Bank of Egypt has announced its new project for redevelopment of 10,000 fe...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...