Kenya reports that local maize and maize meal prices are dropping slightly as the local harvest has boosted supplies. However, maize imports are still needed despite those plentiful local stocks, and the government specified a significant volume that will need to be imported as the year progresses. Regional Updates MIDEAST/MEDITERRANEAN COMMENTS In Saudi Arabia, the Saudi General Grains Organisation (SAGO) will immediately take over the responsibility for barley imports from the finance ministry. According to government sources, more details regarding the change will be announced this week.The Stavropol Krai district of southern Russia has announced that wheat exports will be transported through Iran’s Anzali port on the Caspian Sea. How...
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...
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