Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt Grain Situation Recap:
Wheat stocks in Egypt are at good levels, with only limited import interest. However, there is some concern over the supply of wheat from the Black Sea later in the year due to current weather problems. Maize stocks in Egypt, like wheat, are very good, and both imports and new orders are reported to have decreased. South American maize from both Argentina and Brazil is the lowest priced. Soybeans from the U.S. continue to be the most cost-effective for Egypt, with booked supplies expected to meet demand through September. Ukraine is expected to be more of a factor in soybeans with its new crop.
Egypt’s government purchase of local wheat is...
What You Need to Know Today: The latest EIA Short-Term Energy Outlook forecast 2027 U.S. WTI crude oil at $65.39/brl, up about $5 from the prior forecast. President Trump late Monday claimed the U.S. has swept the entire Strait of Hormuz (SOH) for sea mines. Iran’s security council said...
Key Takeaways: Soymeal with 44 percent protein generally contains more soybean hulls and fiber, while 48 percent soymeal is more extensively dehulled, resulting in higher protein concentration and lower fiber. CBOT soymeal futures were lowered from a 48 percent to 47.5 percent protein specific...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s annual urban consumer inflation rate is at 14.9 percent for July 2026, up from 14.3 percent in June. Nationwide annual inflation stands at 13.0 percent. Pakistan’s wheat and wheat flour prices continue to move...
