In light of the sanctions imposed against Russia, grain/oilseed-importing countries in the region such as Turkey, Egypt and Morocco are looking very closely at how they might forge closer ties with that nation for agricultural trade as all three are also exporters of fruits and vegetables.

  News Updates Last week's USDA WASDE report showed no changes to any of the grain production estimates for countries in the region. However, import forecasts were revised to reflect a reduction of 500,000 MT in Egypt's wheat imports for a new total of 10.1 MMT, while Iran's was raised 500,000 MT to 5 MMT and Lebanon's corn imports were also increased by 150,000 MT to 650,000 MT.There have been many comments this week about the sanctions against...