MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Regional Updates Iranian wheat farmers are complaining that the government has not yet paid them for wheat delivered earlier in 2024 and that this is impacting planting for the next wheat crop. Iran’s government bought 11.6 MMT of wheat from local farmers but reports say that no payments have been made. Reports are the government plans to catch up on payments by October 2024 but that could be too late for wheat farmers. Saudi Arabia’s Arabian Mills for Food Products will be offering 30 percent of its issued shares for a public offering on the Saudi Exchange. Offer prices have not been announced. Arabian Mills produces 4,900 MT of flour per day along with 600 MT...
Accountability and a comprehensive approach to export programming
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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...