Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt Grain Situation Recap:
Wheat stocks in Egypt are at good levels, with only limited import interest. However, there is some concern over the supply of wheat from the Black Sea later in the year due to current weather problems. Maize stocks in Egypt, like wheat, are very good, and both imports and new orders are reported to have decreased. South American maize from both Argentina and Brazil is the lowest priced. Soybeans from the U.S. continue to be the most cost-effective for Egypt, with booked supplies expected to meet demand through September. Ukraine is expected to be more of a factor in soybeans with its new crop.
Egypt’s government purchase of local wheat is...
What You Need to Know Today: Headlines emerging from negotiations between President Trump and President Xi were relatively limited, with a more substantive announcement expected Monday. U.S. Trade Representative Jamieson Greer indicated that additional details related to agricultural trade cou...
The heat of summer is now transitioning into more moderate temperatures, and the next two months have the busiest marketing periods of the year for replacement cattle. Weather always influences the replacement cattle market, and the primary grain belt in the Southern Plains, where many cattle a...
