It is reported in the local trade that Egypt’s GASC may change the minimum protein level on its wheat tenders from the current requirement of 12 percent to an expected 12.5 percent, which would result in a higher quality milling wheat.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS It is reported in the local trade that Egypt’s GASC may change the minimum protein level on its wheat tenders from the current requirement of 12 percent to an expected 12.5 percent, which would result in a higher quality milling wheat. France will probably find it more difficult to offer on GASC tenders if there are higher protein requirements and a tighter moisture restriction. While most French wheat will meet the 13 percent moist...
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...
