According to reports from Russia, wheat cargoes to Egypt's GASC are delayed in the ports there and exporters/traders will now be liable for the new Russian export tax after 1 February. GASC has stated that any additional costs must be absorbed solely by the shippers.

  News Updates The Ukrainian government's grain export agreement with the nation's major grain and agriculture associations is of great interest to all importers in the Middle East/North Africa (MENA) region as it may limit the imports of wheat, corn and barley to levels below the area's market demand. According to the agreement details, wheat exports are not to exceed 4.6 MMT between January-June 2015 with the annual totals set at 7.1 MMT for milling wheat and 5.7 MM...