Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA 4 August is the one-year anniversary of the fertilizer explosion in Beirut port that killed 217 people and injured at least 7,000 – the port was destroyed along with the grain silos. One year on, critics say not much has improved in the port.
Moroccan officials say the government subsidy programs will be reformed and that general subsidies on wheat and wheat flour will be fully removed by 2023. However, eligible families will still be supported with “special payment plans” for hardship situations. Morocco cereal crops as reported by the FAO will increase from 3.4 MMT in 2020 to 10 MMT in 2021. Wheat production will be up by 4.6 MMT to 7.2 MMT with barley u...
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...
