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: 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...
