Mediterranean/Middle East/North Africa/Africa – MEA Region There is very little information on the Middle East and North Africa due to the end of Ramadan and the start of the EID holidays. Tomorrow, 2 April, is “import tariff day”. Import tariffs by the U.S. and reciprocal tariffs by exporting countries could change the world dynamics of the grain and oilseed market. It will be interesting and perhaps exciting or upsetting to see what the results of the tariffs will be. Comments by the press and country leaders seem to point to very little, if any, direct effect on Middle East and African countries but it is felt that grain/oilseed import prices could be changed by tariffs that may cause world prices to rise or fall.
Alge...
What You Need to Know Today: Crude oil prices dropped sharply with traffic flowing through the Strait of Hormuz. There were reports that Iran was behind an attack on a cargo ship near the coast of Oman, which would be a violation of the memorandum of understanding between the U.S. and Iran. Pr...
On Wednesday, the White House submitted a national security supplemental spending request for $87.6 billion. The majority of the request includes funding for the conflict in the Middle East, but there are agricultural provisions as well. The supplemental funding package includes more than $11 b...
