It is still early in the month, but daily discharge rates of wheat in the Middle East and North Africa are showing seasonal strength. The region’s wheat imports are running at a pace of 66,437 Mt/d so far, which is up 93% from July. The pace for the month is down 26.8% from the same month last year, but up 20% from August 2019. In those years, August gained 165% and 73% respectively compared to the month prior.

Discharges in Egypt are up more than 240% so far compared to July, to a pace of 19,652 Mt/d. Tunisia is up 310% to 6,810 Mt/d, albeit from a smaller starting level. The increased deliveries are coming from the consistent suppliers of Ukraine and Russia, whose deliveries to MENA are up 73% and 200% respectively.

Leave a comment

Your email address will not be published. Required fields are marked *