Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA In Egypt, the Sues Canal Authority has announced plans to deepen and widen the southern stretch of the canal. The section between Suez City and Great Bitter Lake will be widened by 130 feet and deepened from 66 feet to 72 feet.
Bangladesh and Nepal may be importing Indian wheat in coming months with trade reports that 150,000 MT may be targeted for Bangladesh and 50,000 MT for Nepal. India is said to be able to export “significant quantities” of wheat this year. The USDA expects 2021/22 wheat exports by India to be at about 2.2 MMT. The latest USDA-FAS report on Bangladesh shows wheat imports for 2021/22 increasing by 500,000 MT to 6.5 MMT while local prod...
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...
