FOB Prices and Freight Rate App (Updated 11 May)
Ocean Freight Comments - 6 May 2021 By Jay O'Neil Commodity Consulting If you read ocean freight news articles, they all believe that the stars are aligned for big economic growth, and the super-cycle in commodities and freight has arrived. After all, the stock market is up, commodity prices a...
Interactive Ocean Freight Rates (Updated 11 May)
Ocean Freight Comments - 6 May 2021 By Jay O'Neil Commodity Consulting If you read ocean freight news articles, they all believe that the stars are aligned for big economic growth, and the super-cycle in commodities and freight has arrived. After all, the stock market is up, commodity price...
Middle East, Mediterranean and Africa Regional Analysis
Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA The Muslin holy month of Ramadan ends this week and is followed by the Eid al Fitr celebrations (the celebration of breaking the fast) which will be for one to four days depending on the country. Very soon everyone will be back to no...
Middle East, Mediterranean and Africa Regional Analysis
Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Saudi Grains Organization (SAGO) said it will begin selling its grain silos during 2021. SAGO has 3.3 MMT of grain storage but there has been no confirmation on how much may be offered for sale. Aswan Shipping of Qatar found that one...
GMO Battle Ahead; GMO Barrier to Trade
GMO Battle Ahead The future of farming, which is to say producing enough food under the duress of climate change and with less burden on the environment will require more rapid genetic changes to plants. This requires embracing new breeding techniques and that is well understood by some EU poli...
Not on My Turf
In 1968, the U.S. had 29 percent of the global market for wheat flour and Turkey had a 0.004 percent share. By 2019, The U.S. share was down to 3.4 percent and Turkey dominated the market with a 41.4 percent share. Turkey achieved this shift despite having a relatively uncompetitive wheat produ...
Middle East, Mediterranean and Africa Regional Analysis
Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Syria is reported to have covered most of its wheat needs into 2022 through arrangements with Russia. Shipments of wheat are expected to continue from Russia to Syria through the end of June. There was a comment in the Russian press that w...
Middle East, Mediterranean and Africa Regional Analysis
Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Pakistan’s government has increased the wheat demand estimates for 2021 by 2 MMT to 29.5 MMT/yr. If this revised estimate is correct, it will probably mean another wheat crisis for the country with wheat imports of as much as 3...
What Could Go Wrong?
The unclassified portion of the U.S. National Intelligence Council’s latest “Global Trends” report is pollyannish next to what wargamers are theorizing. The report categorizes risks into four categories: demographics, the environment, economics, and technology. On agriculture,...
Middle East, Mediterranean and Africa Regional Analysis
Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA The Muslim month Ramadan, a period of fasting, prayer, reflection and family time, begins today and ends 12 May. Business in Muslim countries will be a little more difficult due to changes in government and office working hours durin...
Middle East, Mediterranean and Africa Regional Analysis
Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA After the problem with the Ever Given in the Suez Canal, the Egyptian government is said to be looking at the possibility of expanding the canal. There has also been some talk of a new canal from the Gulf of Aqaba, through Israel, to...
Face of Lobbying Changes; African Opportunity
Face of Lobbying Changes WTO members led by India and South Africa are pushing for a waiver from Intellectual Property (IP) protections for any goods related to COVID-19. Specifically, they want to freely replicate the vaccines that have been developed by private companies like Pfizer, Mo...
FOB Prices and Freight Rate App (Updated 11 May)
Ocean Freight Comments - 6 May 2021 By Jay O'Neil Commodity Consulting If you read ocean freight news articles, they all believe that the stars are aligned for big economic growth, and the super-cycle in commodities and freight has arrived. After all, the stock market is up, commodity prices a...
Interactive Ocean Freight Rates (Updated 11 May)
Ocean Freight Comments - 6 May 2021 By Jay O'Neil Commodity Consulting If you read ocean freight news articles, they all believe that the stars are aligned for big economic growth, and the super-cycle in commodities and freight has arrived. After all, the stock market is up, commodity price...
Middle East, Mediterranean and Africa Regional Analysis
Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA The Muslin holy month of Ramadan ends this week and is followed by the Eid al Fitr celebrations (the celebration of breaking the fast) which will be for one to four days depending on the country. Very soon everyone will be back to no...
Middle East, Mediterranean and Africa Regional Analysis
Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Saudi Grains Organization (SAGO) said it will begin selling its grain silos during 2021. SAGO has 3.3 MMT of grain storage but there has been no confirmation on how much may be offered for sale. Aswan Shipping of Qatar found that one...
GMO Battle Ahead; GMO Barrier to Trade
GMO Battle Ahead The future of farming, which is to say producing enough food under the duress of climate change and with less burden on the environment will require more rapid genetic changes to plants. This requires embracing new breeding techniques and that is well understood by some EU poli...
Not on My Turf
In 1968, the U.S. had 29 percent of the global market for wheat flour and Turkey had a 0.004 percent share. By 2019, The U.S. share was down to 3.4 percent and Turkey dominated the market with a 41.4 percent share. Turkey achieved this shift despite having a relatively uncompetitive wheat produ...
Middle East, Mediterranean and Africa Regional Analysis
Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Syria is reported to have covered most of its wheat needs into 2022 through arrangements with Russia. Shipments of wheat are expected to continue from Russia to Syria through the end of June. There was a comment in the Russian press that w...
Middle East, Mediterranean and Africa Regional Analysis
Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Pakistan’s government has increased the wheat demand estimates for 2021 by 2 MMT to 29.5 MMT/yr. If this revised estimate is correct, it will probably mean another wheat crisis for the country with wheat imports of as much as 3...
What Could Go Wrong?
The unclassified portion of the U.S. National Intelligence Council’s latest “Global Trends” report is pollyannish next to what wargamers are theorizing. The report categorizes risks into four categories: demographics, the environment, economics, and technology. On agriculture,...
Middle East, Mediterranean and Africa Regional Analysis
Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA The Muslim month Ramadan, a period of fasting, prayer, reflection and family time, begins today and ends 12 May. Business in Muslim countries will be a little more difficult due to changes in government and office working hours durin...
Middle East, Mediterranean and Africa Regional Analysis
Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA After the problem with the Ever Given in the Suez Canal, the Egyptian government is said to be looking at the possibility of expanding the canal. There has also been some talk of a new canal from the Gulf of Aqaba, through Israel, to...
Face of Lobbying Changes; African Opportunity
Face of Lobbying Changes WTO members led by India and South Africa are pushing for a waiver from Intellectual Property (IP) protections for any goods related to COVID-19. Specifically, they want to freely replicate the vaccines that have been developed by private companies like Pfizer, Mo...