Turkey and Iran are said to be discussing the possibility of importing grain from Crimea as production there is reportedly up by about 23 percent over last year, and there could be an exportable surplus of up to 700,000 MT.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Algeria's grain imports increased overall by 18 percent during the first six months of 2015. Imports of barley jumped 43 percent, while those of corn and soft wheat rose almost 20 percent and just under 6 percent, respectively. However, durum imports declined by about 7 percent. The actual volumes included 412,000 MT of barley, 1.78 MMT of corn, 2.74 MMT of soft wheat and 1.04 MMT of durum. Although the government hopes to reduce the volume of grain imports...
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...
