Mediterranean/Middle East/North Africa/Africa – Mea Region Turkey’s wheat imports and exports are lower in 2024/25 due to restrictions by the Turkish government that will reduce the high level of stocks on hand.
Morocco’s 2024 wheat and barley production is down by 40 percent for wheat and 52 percent for barley, according to the latest FAO report. Severe drought affected the 2024 crop and is continuing into the 2025 crop. Planting for the 2025 crops has been delayed due to drought. Farmers are hoping for good rainfall in February/March 2025. 2024/25 grain imports are expected to be up by 30 percent to a total of 11 MMT. Egypt’s wheat and corn production for 2024, according to the FAO, was steady and clos...
What You Need to Know Today: Cattle futures crashed on social media rumors that ICE raided one or possibly three fed cattle packing plants in Kansas Monday night or Tuesday morning. Operations at one plant have been disrupted and production curtailed. Outcomes for shipping via the Strait of Ho...
Key Takeaways: The expansion of biofuel-driven soybean crushing was expected to increase soymeal supplies and pressure prices as soyoil became a larger driver of crush economics, but soymeal has instead retained considerable value. Strong domestic and global feed demand has helped absorb addit...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is reported to be facing shipping delays for grain from Ukraine through Danube ports — delays could be as much as 26 days, according to reports. Ukraine has three ports on the Danube, but all vessels must transit the S...
