A recent forecast of Turkey's grain imports indicates a noticeable change due to the effect of the winter weather on that country's wheat and barley production. MENA wheat buyers will also find new competition this year for low-cost French wheat.

  Regional Updates The CME's plans to introduce a contract in EU wheat futures will be of interest to wheat importers in the Middle East/North Africa (MENA) region. This new contract is expected to be in place by the end of April and will give MENA importers another vehicle against which to hedge their wheat purchases. According to advance information, the contract will be euro-based with delivery points all in the north of France. Initial information indicates that the contract will be b...