Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Turkish flour miller Ulusoy Un has received a Euro 6 million loan jointly from the Industrial Bank of Turkey (TSKB) and the European Bank for Reconstruction and Development (EBRD). This loan is part of a Euro 100 million loan program by the two banks to support private industry in Turkey. Ulusoy Un is a major flour miller in Turkey and is said to export flour to 86 countries. The November 2019 International Grain Council report shows the following regional information:
Iran has become a major buyer of Ukraine corn of late as demand from the EU has fallen off due to EU corn harvest and high Black Sea corn prices. Iran has few options for corn imports because of financing c...
Grains posted strong gains today, putting the bulls firmly in the driver’s seat. There was no shortage of fuel for the move, with three W’s driving the rally: weather, war and worry. Weather: Cooler temperatures are temporarily easing stress across the Northern Plains and Midwest, b...
Key Takeaways: Global and U.S. cotton demand has struggled since the post-COVID-19 pandemic surge, which has left cotton prices drifting lower in the U.S. The war in Iran and the closure of the Strait of Hormuz, along with their impact on global energy markets, could boost cotton demand...
Russian Grain Markets: 13–17 July 2026 New-crop trading dominated the Russian grain market during the week as old-crop business largely came to an end. Most transactions shifted to new-crop supplies, establishing new price ranges across the market. Bearish sentiment prevailed across most...
