Cottonseed production in Egypt decreased in MY 2005/06 by 11 percent as compared to MY 2004/05. In CY 2005, the US market share in the soybean import market increased to 53 percent from 47 percent in CY 2004.
In MY 2005/06, Egypt's total oil meal consumption is expected to decrease by 23 percent from MY 2004/05.
Trade and Price
Cottonseed imports are prohibited due to the Ministry of Agriculture concerns about the introduction of boll weevil and other pests into Egyptian agriculture. They are also concerns about mixing imported seed varieties with Egyptian cotton varieties.
During MY 2005/2006, Egypt did not import any sunflowerseed, unchanged from 2004/05. This is expected to remain the case next year. In MY 2005/2006 Egypt is expected to import 566,000 MT of soybeans, compared to 844,000 MT in MY 2004/05. This reduction is mainly a direct result of AI outbreak.