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: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
