The Chamber of Commerce in Egypt has announced that it is working with four banks there to provide financing for the expansion of the poultry industry in Upper Egypt, which will certainly lead to increased feed consumption and growth in the poultry feed business as well.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The Egyptian government announced that it plans to have the Cairo smart card system for bread operational before the end of May. It also announced that concessional loans will be made available to bakeries for expanding or improving their subsidized bread production facilities.The Chamber of Commerce in Egypt has announced that it is working with four banks there to provide financing for the expansion of the poult...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
