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In 2018, the United States and Morocco negotiated terms for U.S. poultry and beef market access, which should be a new opportunity for U.S. exporters.
Pakistan’s purchases of imported soybeans are estimated to reach at 2.0 million metric tons (MMT) during marketing year (MY) 2018/19, 8 percent lower than last year.
Lower feed demand and smaller soybean imports in 2018/19 and 2019/20 are results of significant declines in China’s sow and hog inventories due to African Swine Fever.
General good conditions indicate a good grain crop for MY2019/20 in Algeria.