Wheat importers in Sudan, Yemen and Madagascar may find that they will be able to purchase low-cost stocks from Pakistan. The government there is said to be working on a program/plan that would allow the export of the country's surplus wheat and wheat by-products.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Ramadan ended last week in the Middle East/North Africa (MENA) region, and Eid Al Fitr, the "festival of breaking the fast," that follows is now being celebrated. As most businesses are closed for a number of days, grain-related news from the region is very sparse.Egypt announced that its wheat needs are fully covered until mid-February 2016 with the latest wheat purchases.It is interesting to note that poultry price...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
