Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Iran reports that its cereals imports for 2022/23 will drop by 25 percent due to a nearly 5 MMT increase in local cereals production. Wheat production is expected to increase by 4 MMT to 130 MMT with wheat imports dropping from close to 8 MMT to about 3.4 MMT. Corn imports are expected to be unchanged at about 9 MMT. Local corn production is also steady at 1.3 MMT. Egypt reports that its first shipment of 55,000 MT of Indian wheat has arrived and passed all quality requirements for importation. This is reportedly the first ever shipment of Indian wheat to Egypt. Egypt’s purchase of local wheat has reached 3.9 MMT which is already 300,000 MT higher th...