Egypt has decided to delay its planned increase in the price of fuel for industry, individuals and homes as the belief is that it would be bad for the overall economy and could also lead to unwanted social unrest at the time of forming a new government. This means that the cost of grain delivery there will not rise as had been expected.

News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Much to the relief of France, Egypt's trade ministry has temporarily revised its rules on the maximum allowable moisture level for wheat imports and will permit up to 13.5 percent moisture for the next nine months, 0.5 percent above the 13 percent standard that had been strictly applied for the past few months. While GASC has not yet revised its standard s...