Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA The Moroccan Government has increased its estimate of the grain crops as a result of very good growing weather. It expects that the total wheat and barley crop will reach 9.8 MMT which is 26 percent higher than last year. Common wheat is forecast at 4.8 MMT, corn at 2.4 MMT, and feed barley at 2.6 MT. The Moroccan government had also recently applied import duties on wheat and barley to protect the local crop – 135 percent for wheat and 170 percent for barley. Russian officials expect to ship up to 1 MMT of wheat to Algeria in 2021/22; this follows the initial shipment of 28,000 MT. Saudi Arabia reports it received its first shipment of wheat from its subsidiary i...
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...
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