Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Iran is reported to be the largest buyer of grain from Russia in the first three months of MY 2021/22. Shipments to Iran are: 3.7 MMT – 3.1 MMT of wheat, 392,000 MT of barley and 215,000 MT of corn. Egypt’s grain crops, according to the USDA-FAS Cairo office, will be steady for 2021/22 with wheat production at about 9 MMT and wheat imports at 12.4 MMT. Corn production is 7.4 MMT, up by 1 MMT, with imports down 400,000 MT to 9.3 MMT. Turkey is the second largest buyer of Russian grain from July to September with a total of 3.5 MMT – 2.87 MMT of wheat, 569,000 MT of barley, and 73,000 MT of corn. Egypt is the third largest Russian buyer with a tota...
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Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
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...