Egypt's GASC is reviewing its current position with regard to French wheat moisture levels. It stipulates a maximum level of 13 percent but has allowed French wheat with up to 13.5 percent, provided there is a discount.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Iran has decided to impose an import tariff of approximately $50/MT on both wheat and barley, effective immediately. This will only apply to private sector imports, while the government's will be entirely exempt. The tariff for wheat is set to continue until the end of 2016, and that for barley will expire 22 September 2015.Egypt began a test run of the newly expanded Suez Canal with three vessels running north and three headed south on Saturday. It will not of...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
