Regional News Iraq tendered for 50 KMT of milling wheat last week and the lowest offer received was for Ukrainian wheat at $386/MT CNF. U.S. wheat was offered at $551.80/MT CNF with offers from Canada, Australia, Romania, Poland, and Lithuania ranging from $424-498.50/MT CNF. Offers for Russian wheat were not considered due to the terms of the tender. Last week, Tunisia bought 150 KMT of soft wheat at $383-388/MT CNF along with 100 KMT of durum wheat priced from $505-522/MT CNF. Wheat is reportedly piling up in Egypt’s ports due to payment issues. Sources say between 800-900 KMT of wheat is in ports waiting for payments to clear. Reports indicate that 80 percent of Egypt’s wheat mills cannot operate to produ...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...