Mediterranean/Middle East/North Africa/Africa – MEA Region Iran’s 2025 wheat production is being hurt by very dry weather. Rainfall up to February 2025 was much below average but did improve in March. However, Iran does have reasonable wheat stocks due to the good 2024 crop and wheat imports are at well below average. 2024/25 imports are expected to be about 1.3 MMT which is down by 50 percent. However, 2025/26 imports are expected to increase if a poor 2025 wheat crop is experienced. Morocco will be receiving its first shipment for some of the 60,000 MT of wheat purchased from Kazakhstan. Grain will come by train to the Baltic then by ship to Morocco. Morocco’s wheat production is improved this year due to the...
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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...