Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt Grain Situation Recap:
Wheat stocks in Egypt are at good levels, with only limited import interest. However, there is some concern over the supply of wheat from the Black Sea later in the year due to current weather problems. Maize stocks in Egypt, like wheat, are very good, and both imports and new orders are reported to have decreased. South American maize from both Argentina and Brazil is the lowest priced. Soybeans from the U.S. continue to be the most cost-effective for Egypt, with booked supplies expected to meet demand through September. Ukraine is expected to be more of a factor in soybeans with its new crop.
Egypt’s government purchase of local wheat is...
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...
