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According to the FAO, early prospects for Algeria’s 2016 winter wheat and coarse grains crops are favorable benefiting from recent widespread precipitation in eastern Algeria.
In MY2014/15, U.S. corn exports continued their dominance of the Saudi market, reaching 1.2 million MT and accounting for 41 percent share of the market.
Russia’s Grain Stocks Reach 31 Million Metric Tons . . . New Federal Agricultural Subsidy Distribution Orders . . . EAEU Members Forecast Development of Russia’s Agricultural Sector for 2016-2017 . .
MY 2016/17 wheat imports are forecast at 11 million metric tons (MMT). MY2015/16 imports are revised downward to 10.6 MMT from USDA’s estimate of 11.5 MMT.
News on developments in agriculture and food in Egypt.