The Turkish lira has reached a record low against the U.S. dollar after falling 22 percent so far in 2015, and that is pushing up prices for imported grains and proteins. Higher food costs are in turn having an impact on the country's overall consumer price index.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt's agriculture minister resigned this past Sunday at the request of the president. No reason was given, but the local press is guessing that it was due to either the local wheat program not working as well as planned because of the large volumes of imported wheat passing as local or the recent on-again-off-again ban on cotton imports.According to a recent report from USDA's Global Agriculture Information Network...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
What You Need to Know Today: Grain futures fell hard overnight after the USDA’s Crop Conditions report showed better-than-expected ratings for corn and soybeans, despite difficult weather last week. The Conditions report was even more bearish in light of meaningfully beneficial rains acr...
Key Takeaways: New Mexico’s Clean Transportation Fuel Program expands demand for low-carbon fuels and creates another market for renewable feedstocks, adding incremental pressure to already limited supplies of lower-carbon inputs. Growing competition for waste-based feedstocks such as an...
