Iran has cancelled both the wheat and barley import duties that had been added this past July. It is still expected to import about 4 MMT of wheat in 2015/16, an approximate 2.3 MMT drop from last year, after purchasing 8.3 MMT of domestic stocks.

  Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The Eid Al Adha period ended 28 September, and there is very little grain news from the Middle East/North Africa (MENA) region due to the four-five days of office closures associated with the holiday.Jordan has advised that the 100,000 MT of wheat donated by the U.S. government will be monetized (euphemism for sold) and the proceeds used to finance domestic agricultural projects. The selling of donated goods is quite a common practic...