Egypt: Grain and Feed Update
MY 2015/16 wheat imports are forecast at 11.5 million metric tons (MMT) in line with USDA’s official estimate. Growing feed demand by the poultry, aquaculture and livestock sectors will maintain corn imports at its current level of 8.0 (MMT) in MY 2015/2016. Post expects Egypt’s rice exports to resume after the government allowed the resumption of exports of milled rice for six months effective October 4, 2015. Post estimates rice exports at 400,000 MT, a 60 percent increase from MY2014/15.
