Egypt's ag ministry is reported to have been considering a plan to tax imported corn by as much as $65/MT. However, pressure from the poultry industry and others helped to derail that for now as it would also introduce several other problems.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Bangladesh is said to be close to finalizing a wheat import arrangement with Ukraine that could result in its purchase of 250,000 MT of that country's milling wheat. According to traders, the price will be about $304/MT CNF. Shipment of the wheat is said to be within 150 days of the date of signing the contract with the initial cargo transported no later than 60 days after signing. Bangladesh needs to import about 2.5 MMT of wheat this ye...
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...
