Jordan’s grain import rules are said to be having a very serious effect on business there as can be seen by the lack of bidders in recent tenders and the government’s continual passing on the few offers received.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Middle East/North Africa (MENA) regional importers of Indian soymeal have almost totally stopped buying that origin as the prices are much too high for the current market. Oman, Kuwait and Iran have purchased just over 30,000 MT in total during April-November versus 265,000 MT for the same period in 2014. Iran has shown the largest decrease with a drop totaling 230,000 MT. Indian soymeal is not going to be competitive in the MENA region until world prices...
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...
