Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt soybean/soymeal forecasts by USDA FAS show an increase in soybean imports for local crushing. Much of the increase is due to increased demand for soyoil for the retail sector and higher soymeal demand from animal feed producers.
Bangladesh’s wheat production is dropping, according to USDA FAS, as local farmers turn to more profitable crops such as potatoes and rice. Overall wheat consumption is increasing as is animal feed use of wheat – currently about 10 percent of consumption. Corn consumption is also increasing due to higher animal feed demands – 90 percent of corn is used in animal feed. India is the main supplier of bot...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
