Egypt is the world’s second-largest producer of tilapia, producing 1.3 MMT today with expectations that the total will reach 2 MMT by 2020. This growth has led Nutreco to increase its investment in aquafeed production there.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt has become the leading importer of Russian grain so far in this crop year, pushing Turkey into second place. The July-October 2015 export numbers for total grains include the following: Egypt (2 MMT), Turkey (1.6 MMT), Saudi Arabia (1.4 MMT), Iran (965,000 MT) and South Africa (589,000 MT). Egypt’s imports from Russia are close to last year’s levels, but Turkey’s have dropped by 1.1 MMT due to its much better crops this year.T...
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...
