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Middle East, Mediterranean and Africa Regional

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt’s GASC said it is ready to act as a re-export center for Russian grain if Russia establishes a logistics center in the Suez Canal region. A grain hub in the region would act as a distribution center for the Middle East and Africa and even North Africa. Tunisia replaced its Director General of the Office Des Cereales. Salwa Binhadid Zouari has been named the new head replacing Bashir Kthari. Algeria – 222,000 MT, Bangladesh 162,000 MT, Kenya 119,000 MT and Egypt 118,600 MT were the major destinations for Russian wheat in last week’s shipments. Representing about 56 percent of all wheat shipments. Sri Lankan critics and the Public Fi...

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wheat

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WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...

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feed-grains soy-oilseeds wheat

Market Commentary: Only Pork Survives the WASDE Intact

The U.S. crop situation for 2024/25 was largely firmed up by today’s USDA October WASDE report. Net, net – there is a lot of grain available. Not enough for any precipitous drop in prices today, but only Lean Hogs managed to end the day higher.  Today’s report reinforced...

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Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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