There continues to be a great deal of discussion regarding how Turkey can protect itself against the negative effects of the EU/U.S. Transatlantic Trade and Investment Partnership (TTIP) that include an estimated annual loss of up to $5 billion due to certain factors.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt is concerned about the volume of non-Egyptian wheat that may have been sold to the government as domestic origin and is said to be taking steps to ensure that this cannot happen again. The method of payment for future purchases of local wheat is expected to be revised so that disbursements will be made directly to farmers rather than to anyone alleging to be delivering such stocks. Egypt has been paying far...
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...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
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...
