Egypt's tourism industry, which greatly affects the country's poultry sector, has improved since 2013. There are other factors, though, that are also impacting domestic poultry prices and supplies.
The Middle East/North Africa (MENA region) is the largest importer of French wheat, and France has once again raised its estimate of wheat exports for the current year from 8.8 MMT to 9.8 MMT. This is still down by about 20 percent from last year, but it is much better than had been expected in late 2014 forecasts. Reuters says that the increase has been pushed along by a weak euro coupled with a drop in export supplies from the Black Sea as well as increased export demand for feed wheat. MEDITERRANEAN/MIDDLE EAST COMMENTS In a statement of...
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...