Officials in Bangladesh have said that the country will import 950,000 MT of wheat in the 12-month period ending June 2016, a significant increase over the 300,000 MT in 2014/15. They are also taking specific steps to address the quality issues with recent shipments.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Recent reports indicate some good news for Egypt as tourism is up 4 percent from June 2014. This particular industry is a major consumer of local poultry, so any increase in visitors is of great value to that sector, which in turn is the major consumer of corn and soymeal. There was some bad news, though, as Ukrainian officials say Egypt will be buying 12,000 MT of that country's poultry meat, a major purchase com...
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...
