Saudi Arabia's grain imports for 2015/16 are expected to rise by about 1 MMT to 17.4 MMT. This includes 8.5 MMT of barley, 3.6 MMT of corn, 3.8 MMT of wheat and 1.5 MMT of rice.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt’s government has advised that frozen meat will be imported from Sudan in an effort to control the recent meat price increases in the country. The local poultry and livestock industries are of course not happy about this as they have been struggling to stay profitable in an industry that is dependent on the import of major feed ingredients such as corn and soymeal. In recent weeks, the local meat prices have risen by 20 percent, and the government says that this is a major portion of the inc...
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...
