Jordan continued to issue, cancel and reissue its wheat and barley tenders due to a lack of participation by international sellers. It is seeing some tenders with no bids whatsoever as suppliers are very concerned about its contract details and recent rejections of wheat that most believe were not justified.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The Turkey/Russia situation is shaking the wheat market as international grain traders watch to see if Russia will stop exporting wheat to Turkey, its largest buyer. There has been no official sanction on those exports, but both sellers and buyers are very concerned that this could happen in coming days. The trade reports no new sales are being booked but that existing bus...
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...
