Milling Wheat The Ukrainian government warned Egypt's GASC that Ukrainian wheat exports would be banned starting 1 December. This news did not come as a surprise, as Ukrainian exports will reach the 5.5 MMT limit for this campaign by the end of November.Algeria bought at least 400,000 MT of optional wheat this week at $364.50. The sales were most likely based on French wheat.The EU this week allocated 696,000 MT of wheat export licenses (a two-year record) bringing the total to 6.4 MMT versus 5.8 allocated at the same date last year. The increase in the EU export demand will accelerate even more in the coming weeks as the exports from Ukraine and Russia soon will stop entirely.GASC is expected to tender soon. U.S. SRW and French wheat ar...
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...
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