Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA COMMENTS The government of Pakistan has announced that 400,000 MT of wheat will be imported, duty free, to cover the existing wheat shortage and to get wheat flour prices back to a more normal level. The importation will be allowed up until March when the next local wheat crop will be harvested. Syria is taking steps to try to control the fall of its currency value which is down by 50 percent in the past year. Only Syrian pounds will be allowed for transactions in Syria, but it is not certain how this will affect importers who pay in foreign currencies. Syria has also been suffering due to the dollar shortage in its major trading partner – Lebanon. Syria has also stopped...
Accountability and a comprehensive approach to export programming
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What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...