Syria and Italy are reportedly discussing a trade involving 100,000 MT of Syrian durum wheat for 100,000 MT of soft milling wheat. This type of countertrade could provide a good alternative to difficult payment methods associated with Syria.
Regional Updates Of major importance to wheat importers in the Middle East/North Africa (MENA) region have been all the comments this week concerning Russia's wheat export taxes. That country's prime minister has said that the government is seeking proposals by mid-April regarding extension of the taxes beyond 1 July. However, domestic economic experts say that there is no need for prolonging it. Russian grain producers had approached the government with a proposal to lift the taxes in April...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
