The deputy chairman of the Cyprus Grain Commission (CGC) resigned last week and indicated certain steps that the organization will need to implement in order to meet the needs of farmers and consumers.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS It is reported in Egypt that the government may purchase as much as it can of the local imported wheat stocks, said to be as high as 1 MMT, in advance of the 2015 domestic harvest. The intent would be to avoid the problem of the imports being sold to the government as local wheat because of a government-set purchase price that is higher than the cost of imported Black Sea origin.The deputy chairman of the Cyprus Grain Commission (CGC) resigned last week and stated that the organ...
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...