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News on developments in agriculture and food in Egypt.
The MY2015/16 wheat crop is reported to be 8 percent higher than last year or approximately 600,000 HA planted area.
Argentine wheat production for crop 2015/16 is forecast down at 12 million tons due to a projected smaller planted area.
Post forecasts 2015/16 soybean area at 20.3 million hectares, marginally lower than Post’s 2014/15 area estimate, though up 2.5 percent from USDA 2014/15 estimates.
The Post New MY 2015/16 total Mexican oilseed production forecast decreased slightly to 482,000 metric tons (MT) based on a slight decrease in harvested area.
Soybean and soybean meal imports are expected to increase in MY2014/15 and MY2015/16.
Export prices further declined about 1 percent, as off-season rice harvest continues to keep supplies large.
Total EU-28 oilseeds production for marketing year (MY) 2015/16 is expected to decline by about 9 percent to 32 million metric tons (MMT).
In a time of tight margins due to lower commodity prices, only soybeans make financial sense.
Moscow city officials recently passed a law banning the sale of alcoholic energy drinks in the capital. In addition, only adults who present identification will be served non-alcoholic energy drinks.
Trinidad and Tobago’s Ministry of Food Production reconfirmed the U.S. competent authorities recognized for certification of dairy products & foods that contain a dairy component sourced from the U.S.
Barbados Ministry of Agriculture reconfirmed the U.S. competent authorities recognized for certification of dairy products and foods that contain a dairy component sourced from the United States.