The volume of Saudi Arabia's wheat imports is notably shifting as its domestic production is affected by a change in land usage. Meanwhile, maize demand is projected to rapidly rise from two particular sectors.
Regional Updates Of very good news to Middle East/North Africa (MENA) milling wheat importers was the word from IKAR Russia, a major agricultural consultancy, that Russian wheat prices will probably drop by about 9 percent when the winter wheat is harvested. While old crop wheat is seen at about $225/MT FOB, the trade is quoting new crop at closer to $200/MT FOB. However, buyers will to have to wait until June/July to see that price level, and much can happen in three months or so.MENA buyers could find it much more diffi...
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...
