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...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in...