Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Egypt reports that current wheat reserves will cover consumption for 5.3 months. Egypt’s Alexandria port experienced severe weather this week which resulted in container losses overboard on at least one vessel and a number of damaged containers on other vessels.

India’s imports of GM soymeal will not be extended beyond a bill of lading date of 31 January 2022 and the quantity allowed for import will not be increased beyond the authorized 1.2 MMT. India’s poultry industry had been lobbying for an extension to 31 March. Trade experts have said that it is likely that India will not need to import the full 1.2 MMT. The Turkish Lira has reached a record low le...