According to the FAO, Egypt's 2014/15 grain imports will drop by about 1 MMT against last year, but the total is still approximately 1 MMT greater than the five-year average. It expects wheat imports will remain at approximately 10 MMT due to several factors.
Middle East and Mediterranean Regional Analysis NEWS UPDATES Although not specific to the Middle East/North Africa (MENA) region, there were several developments that will impact it.Of interest to Middle Eastern grain importers is India's report that its current wheat stocks stand at 30.1 MMT, a decline from the total 34.1 MMT at this time last year. Its wheat exports, mainly to Asia and the Middle East, are expected to drop to approximately 3 MMT this year due to lower st...