Mediterranean/Middle East/North Africa/Africa – MEA Region Grain markets in the MENA region are quiet due to the Musim Eid holidays that extends through 9 June. The FAO forecast Egypt to have above average grain crops in 2025, much of which is due to improved availability of high yielding seed stocks and higher government set purchase prices for wheat. Imports for 2024/25 are seen as reaching 14 MMT for wheat with corn imports at 8 MMT. Wheat imports are also said to be higher due to increased levels of wheat flour exports by Egypt. Sudan is the largest importer of Egyptian wheat flour. Actual cereal production for 224 is seen as 9.4 MMT for wheat and 7.2 MMT for corn. Egypt’s CNF cost for wheat is about $230 to $240 depen...
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Russian Grain Markets: 11 - 15 May 2026 The Russian grains market showed a broadly bullish tone across the European part of the country during the week, while conditions in the Asian regions remained stable to slightly bearish. In the southern federal district, the key wheat export hub, prices...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
What You Need to Know Today: Excitement over China’s agreement to purchase $17 billion of U.S. ag commodities subsided, as traders are cautious amid the yet-unspecified allocation of those purchases. Monday’s Crop Progress report did not significantly change the narrative for corn...