Agricultural experts in Africa are saying that the first priority regarding grains should be the storage and transportation systems where as much as 30 percent of the crop is lost.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt's Cairo Chamber of Commerce has stated that the building of 24 new storage silos could result in savings of wasted wheat that are the equivalent of 15 percent of the yearly bread subsidy, or about $450 million. This investment in silos will certainly be of long-term benefit to the country both in grain quality improvement and the balance of payments.The poultry industry in Egypt continues to suffer as tourist numbers for September are down 70 percent from last year. Most of that decline occurred w...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...