Israel: Grain and Feed Annual
Link to report:
FAS Tel Aviv (Post) forecasts Israel’s wheat imports to reach 1.74 million metric tons (MMT) in market year (MY) 2022/23, a 2 percent increase from Post’s MY 2021/22 figure. In MY 2021/22, U.S. wheat accounted for 8.2 percent of the market, up 55 percent from the previous year. This was mainly due to lower production in the Black Sea Basin (BSB) which is Israel's main source of grains. Post forecasts Israel’s imports of corn in MY 2022/23 to reach 2 MMT, of which 180 thousand metric tons (TMT) are expected to be of U.S.-origin. Israel’s imports of grain and feed will likely remain stable with a slight annual increase of 2 percent to match annual population growth. Soaring grain prices were of high concern to the local feed industry and users. Some feed prices grew by 71.1 percent, driving the industry to source cheaper products. Long operational queues in the seaports led to weeks long delays in offloading vessels, additional price increases, and uncertainty in supply.
