Weaker Turkish demand has pushed Ukrainian corn prices lower, while wheat traders focus on harvest progress, weather conditions, and freight costs.
High grain stocks and lower poultry feed demand are expected to reduce Egypt’s corn import needs through mid-2026, even as the country continues efforts to strengthen food security.
The move comes despite expectations of strong wheat production and export volumes in the 2025-26 marketing year.
The country has started buying wheat from farmers as officials expect a stronger harvest and continue efforts to build grain reserves.
The shipment marks another step in the company’s efforts to strengthen grain supply options at its largest milling facility.