Reports from Turkey indicate that the government is now strictly enforcing GMO import rules, which have resulted in the rejection of several vessels of U.S. origin DDGS. Buyers in Egypt and Israel are said to be looking at purchasing the refused cargo.
News Updates The Polish port of Gdynia is increasing its grain storage capacity by 60 percent in order to better service export grain customers in Morocco, Algeria, Saudi Arabia, Jordan and Egypt. Gdynia handles about 35 percent of Polish grain exports, a level that is expected to increase once the new grain storage is fully operational. MEDITERRANEAN/MIDDLE EAST COMMENTS Blumberg Grain USA is reported to have signed a $28 million contract with the Egyptian government for the mo...
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...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...