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News on Developments in Agriculture and Food in Egypt.
2015/2016 wheat production is estimated at 5.6 million metric tons (mmt), but consumption is down slightly due to higher prices.
Export prices increased 2 to 4 percent mainly due to new export inquiries and tighter domestic supplies.
In response to the country’s worst drought in decades, Ethiopia is expected to import a record 2.5 million metric tons of wheat during MY15/16, which is more than double the amount from last year.
For MY 2015/16, FAS Rabat revised post’s estimate for wheat imports from 2.8 million MT to 3 million MT.
Taiwan published their 2016 Simultaneous Buy and Sell (SBS) rice tender. The US level remains unchanged at 35,600 MT.
The Vietnam MY2014/2015 rice export is revised up from 6.3 million tons to 6.5 million tons, due to unexpected demand from Vietnam traditional markets at the end of calendar year 2015.
Export prices remained unchanged as traders wait for market conditions to improve.
The new implementation period for a law on poultry feeding which would impact the Turkish poultry sector was going to start on January 1, 2016, but it has now been postponed for one year.
Export prices increased slightly as exporters pursued new-crop white rice for shipment under the 2014 Government-to-Government Agreement with China.
Russia and U.S. Sign Agreement to Fight Illegal Fish Catch . . . VPSS Restricts Fish and Seafood Transit . . . GOR Allocated Subsidies for Development of Dairy and Vegetable Sectors . . .
Under Taiwan’s Feed Control Act, amended on February 4, 2015, all genetically engineered (GE) products for animal feed use are now required to register with Taiwan’s Council of Agriculture (COA)...