Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Saudi Arabia is the new destination for one of the large sorghum vessels being rerouted from China due to that country’s antidumping tariff change. (According to Reuters, there are 22 such vessels sailing to China.) Although Saudi has been an importer of corn for the animal feed industry and not sorghum, the latter is expected to be used for that purpose and will probably replace some future corn imports. All About Feed published some very interesting statistics on feed production this week (see table below).
Saudi Arabia is the largest buyer of Russian barley, purchasing approximately 1.5 MMT during July 2017-February 2018. Closely following is Iran at about 1.1 MMT with Turkey...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...