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: 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...
