Iran is intending to export about 400,000 MT of domestic wheat as local supplies are sufficient to meet demand. The government’s stockpile is reported to total about 8.3 MMT, up from an approximate average of 3 MMT over the past few years.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Iran is intending to export about 400,000 MT of domestic wheat as local supplies are sufficient to meet demand. The government’s stockpile is reported to total about 8.3 MMT, up from an approximate average of 3 MMT over the past few years. Iran is also expected to export durum wheat.The latest FAO report on Algeria shows that 2015 grain production is up about 20 percent to around 4 MMT, comprised of 2.4 MMT of wheat, 1.4 MMT of b...
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...