Egypt's ag ministry is reported to have been considering a plan to tax imported corn by as much as $65/MT. However, pressure from the poultry industry and others helped to derail that for now as it would also introduce several other problems.

  Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Bangladesh is said to be close to finalizing a wheat import arrangement with Ukraine that could result in its purchase of 250,000 MT of that country's milling wheat. According to traders, the price will be about $304/MT CNF. Shipment of the wheat is said to be within 150 days of the date of signing the contract with the initial cargo transported no later than 60 days after signing. Bangladesh needs to import about 2.5 MMT of wheat this ye...