Algeria: Grain and Feed Annual
Post forecasts MY 2023/24 wheat production at 3.3 million metric tons (MMT) and barley production at 1.4 MMT, in line with the previous season as climatic conditions are similar. Post anticipates lower overall wheat imports in 2022/23, but higher than the average volume from Russia. Post forecasts increase in raw soybean imports, at the expense of soybean meal and oil shipments as Algeria’s soybean crush capacity is expected to triple in 2023.
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