Categories: General News, MENA

By Jen Del Carmen

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Categories: General News, MENA

By Jen Del Carmen

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Key customers from the United Arab Emirates and Egypt in the Middle East/North Africa region took part in a three-hour USSEC webinar for individual traders on December 17 to discuss the market situation and supply and demand forecasts.

Emily French, founder at Global Ag Protein, presented “Market Outlook and Strategies to Position.”

French says the discussion was “robust and free flowing,” calling it a back and forth over basically every facet of the market. Topics ranged from the quality of U.S. soybeans being crushed for soymeal; crush margins and the profitability of the animal sector; China soybean import demand and its domestic soymeal use versus rebuild of the swine herd (and the potential impact on swine meat exporting nations that have benefited from African Swine Fever (ASF) in China over the past 18 months); consumer demands / shifts as the COVID economy continues and looks to extend through CY2022; vegetable oil demand and food security (particularly in Egypt); Argentina soy crush rates after the strike in December and what that would look like going forward as rains stabilize the crop there; exchange rates and the challenges of inflation; and what the 2021-22 planting landscape may look like for both the U.S. and South America. Each attending member received GAP research for a period of three weeks as a follow-up to the webinar and participation in the webinar, according to French.

95 Comments

  1. Muhammad Zeeshan March 27, 2025 at 5:31 am

    You always bring a fresh perspective to the discussion.

  2. Jerry March 26, 2025 at 5:44 am

    wonderful.

  3. Shah Md. Mizanur March 24, 2025 at 9:25 am

    Great work

  4. Rahul March 18, 2025 at 4:58 am

    Giod

  5. Chukwuemeka Christian March 14, 2025 at 12:40 am

    A good job well done, thanks to US SOY

  6. Dr. Pardhu March 11, 2025 at 9:55 am

    Great Work

  7. Alhaji Umar March 9, 2025 at 1:17 pm

    Great news,Thanks US SOY

  8. Ibinabo March 8, 2025 at 10:43 am

    This is interesting

  9. Muhammad Zeeshan March 8, 2025 at 9:44 am

    Great Work

  10. Md. Osman March 8, 2025 at 9:37 am

    Great news….

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