USDA report expects Egypt wheat imports to slightly increase

Egypt’s wheat imports are expected to increase by 1.62% y-o-y in FY2018-19 to 12.5 mn tonnes from 12.3 mn tonnes, according to a report from the US Agriculture Department’s foreign service. Production should remain flat this year at 8.45 mn tonnes. Meanwhile, Egypt is expected to import 300k tonnes of rice as production drops to 2.8 mn tonnes, down from a projected 3.3 mn tonnes.