MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt’s new state grain buyer – Mostakbal Misr – is rumored to have made significant wheat purchases for delivery in the next three months. All the purchases are said to be for Russian wheat. No details of the purchases are available but barter arrangements are mentioned regarding payment. Two shipments of wheat – 28,000 MT and 33,000 MT are said to have been shipped to the new buyer in the last few weeks.
Algeria is expected to still face drought-reduced wheat crop in 2024/25.
Iraqi officials have announced that 320,000 MT of wheat will be delivered to Lebanon. Shipment is expected to be by truck through Syria – assuming that the Syria si...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
