A tremendous amount of interest regarding investments in Egypt's agriculture was generated at a conference held there last week. Two key development agreements worth $6 billion were signed, which included one related to the new global grain logistics centre in Damieitta.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS It is reported in Europe this week that 50,000 MT of German wheat is loading for shipment to Iran.The Egyptian Economic Development Conference last week certainly generated a tremendous amount of interest regarding investments in Egypt's agriculture with stories circulating of multi-billion dollar programs for that purpose. The National Bank of Egypt has announced its new project for redevelopment of 10,000 fe...
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...