Egypt is reported to be making great effort to induce local wheat farmers to use high-yielding, quality seed stock produced by the government’s Central Agency for Seed Production (CASP) as its consumption is rising with production forecast to drop slightly in 2016.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Turkish flour exports in 2015 are expected to top 2.5 MMT due to very strong demand from Syria, Sudan and Iraq. Turkey is the world’s largest exporter of wheat flour – a title that alternates between that country and Kazakhstan. According to information from Turkey, Iraq is the largest import destination, purchasing as much as 1 MMT. Its strong flour demand is expected to continue as most of the Ir...
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...
