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: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
