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Post forecasts Egyptian soybean imports to fall in 2013/14, with a decrease in soybean meal consumption due to lingering animal health concerns in the domestic poultry industry and high feed prices.
Post expects a 33 percent drop in Egypt's sugar imports in 2012/13 due to high stocks, temporary anti-dumping measures and strong domestic production. Imports should rebound in MY 2013/14.
FAS Sao Paulo forecasts Brazilian coffee production for marketing year 2013/14 (July-June) at 53.7 million 60-kilogram bags, a 5 percent decrease.