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Indonesia is experiencing a strong El-Nino phenomenon. Despite dry weather, total production increased by approximately 20 percent (10.605 bag GBE) over 2014/15.
Egypt’s food processing is a very dynamic sector, averaging a compound annual growth rate of 12 percent in the last 5 years.
MY 2015/16 wheat imports are forecast at 11.5 million metric tons (MMT) in line with USDA’s official estimate.
News on developments in agriculture and food in Egypt.
Weak economic performance has depressed consumer purchasing power and created business uncertainty.
Indonesian Ministry of Trade (MOT) Regulation 78/2014 establishes provisions for the import of wood and wood products to Indonesia.
Egypt’s government has backtracked on the policy of eliminating cotton subsidies to the sector and has allocated cash subsidies valued at LE 261.7 million to buy the MY2015/16 cotton crop.