Israel: Grain and Feed Annual
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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. The uncertainty of supplies and high reliance from the Black Sea Basin for grain and feed incentivized the Ministry of Agriculture (MOA) to source grains (primarily wheat) from origins that have not historically supplied to Israel. Israel’s imports of barley and corn will likely decrease slightly on account of lower poultry and egg production (which may be offset in increased imports of such goods). With less consumption of some grains, Israel’s total grain and feed emergency stock is forecast to increase as due to the Israel-Hamas conflict and a population growth of 2 percent.