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Import permits for genetically engineered (GE) corn from the United States are once again issued by South Africa. After a mid-summer drought that caused a 22 percent drop in production, South Africa needs to import corn to supplement domestic production.
Jordan continues to rely heavily on imports for essential staples such as wheat, barley, corn, and rice due to limited domestic production and scarce water resources.
The lower corn crop in marketing year 2023/24, coupled with strong regional demand, especially for white corn, has prompted higher prices in Southern Africa.
Post maintains Algeria’s cereal planted area and production estimates. Post estimates robust wheat imports for MY 2023/24, surpassing nine million metric tons (MMT).
Egypt’s wheat imports for marketing year (MY) 2024/25 (July – June) are estimated at 12.5 million metric tons (MMT), up by 11.4 percent from Post’s earlier estimate, due to an increase in the availability of foreign currency to facilitate imports.
Post forecasts that South Africa’s corn area will expand in marketing year 2024/25. An 18 percent drop in the corn crop of marketing year 2023/24, due to an El Niño-induced mid-summer drought, prompted higher local corn prices that will initiate...
FAS/Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2024/25 to increase by 2 percent from the previous marketing year, due to population growth and the availability of more foreign currency in Egyptian banks.
In MY 2024/25, Post forecasts imports by the United Arab Emirates (UAE) of all wheat, rice, corn, and barley to increase to meet high local demand. Strong tourism, population growth, and expanding poultry and dairy sectors will drive this demand.
FAS/Tel Aviv (Post) forecasts Israel’s marketing year (MY) 2024/45 wheat imports to increase due a decline in domestic production, a need to increase stocks because of the Israel-Hamas conflict, as well as lower international grain prices.
South Africa’s corn crop in marketing year 2023/24 has been affected by an El Niño induced mid-summer drought, resulting in an expected drop of more than 15 percent in crop volume.
With the development of several billion-dollar projects and nearly 30 million visitors a year, the future for U.S. grain exports is bright. Post anticipates Saudi rice imports to increase approximately five percent over the next several years due to expansions in the food service sector.
Corn production in South Africa is off to a reasonable start in marketing year 2023/24 after decent rainfall was recorded over most of the corn-producing areas.