Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Turkish officials have said that the Ukraine/Russia situation will not result in grain shortages in the country. Seventy-eight percent of Turkey’s grain imports come from Russia and Ukraine but both stocks and crops are good this year which should reduce Turkey’s need for grain imports, or so officials say. Turkey’s inflation rate is at about 50 percent and conflict driven; increased grain prices could push inflation higher for 2022. Syria has advised that there will be rationing of wheat reserves due to the Ukraine/Russia situation. Sugar and cooking oil will also be rationed. Syria receives most of its wheat imports from Russia and is co...
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What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...