The USDA report on grain and feed for Israel was issued last week. As expected, it shows that the country is still almost totally dependent on grain imports for wheat, barley and maize. Most of the grain imports will come from origins other than the U.S.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt and Russia have signed a joint customs protocol that both sides say will make trade between the two countries much easier in the future and should allow for a growth in mutual trade. However, there was no mention of this affecting the Egyptian practice of sending grain inspectors to vessel loadings in Russia. For several years now, the pre-inspection of grain loadings has made the acceptance of shipments in Egypt much si...
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...