Iran is intending to export about 400,000 MT of domestic wheat as local supplies are sufficient to meet demand. The government’s stockpile is reported to total about 8.3 MMT, up from an approximate average of 3 MMT over the past few years.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Iran is intending to export about 400,000 MT of domestic wheat as local supplies are sufficient to meet demand. The government’s stockpile is reported to total about 8.3 MMT, up from an approximate average of 3 MMT over the past few years. Iran is also expected to export durum wheat.The latest FAO report on Algeria shows that 2015 grain production is up about 20 percent to around 4 MMT, comprised of 2.4 MMT of wheat, 1.4 MMT of b...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
