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: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is reported to have finalized the purchase of 270,000 MT of wheat, including 220,000 MT of U.S. wheat. The U.S. wheat is priced at $322/MT, with an additional 50,000 MT of wheat at $297.90/MT through an international te...