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Wheat and barley crops received adequate rainfall. Post forecasts MY 2022/23 wheat and barley production at 1.1 MMT and 420,000 MT, respectively, with imports anticipated at 2.1 MMT and 950,000 MT.
The Saudi Grains Organization (SAGO) projects domestic wheat production at 700,000 metric tons (MT) in MY 2021/2022, up approximately 17 percent from USDA’s official estimate of 600,000 MT. Experts anticipate local domestic wheat production could reach 1 million metric tons (MMT) in MY 2022/2023 to offset expected import delays from Russia and Ukraine as a result of the ongoing war.
Egypt is closely following the repercussions of the Russian-Ukrainian crisis. Certainly Egypt’s grains imports from both countries were affected. Accordingly, FAS Cairo forecasts Egypt’s wheat imports in MY 2022/23 (July – June) at 11 MMT, down by 8.3 percent from MY 2021/22 Post’s import estimate figure of 12 MMT.
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.