Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Egypt has seen very unseasonal rains recently and there is concern that the local wheat crop may be damaged due to flooding in many areas. The complaints and worries about rain are not country wide as some agricultural products, like alfalfa, garlic and olives benefited from higher rainfall. Iran reports that the country’s largest import in the first nine months of the 2019/20 Iranian year has been 5.92 MMT of corn, valued at about $1.48 billion. Pharmaceuticals and medical equipment were second on the import list. Also in Iran, according to the FAO, wheat production is expected to increase from the current level of about 13.6 MMT to 15.4 MMT over the next 10 years.  Pa...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Middle East & Africa, South America, Freight