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feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Food price inflation rates, according to the World Bank, show Lebanon at 239 percent, Turkey at 76 percent, Egypt at 74 percent, Ghana at 49 percent, and Iran at 39 percent. Egypt’s consumption of food staples, like bread and rice, is expected to increase by 3 to 5 percent in 2024 while buying of non-staple items will drop due to high cost. The annual cost of living increase in Egypt – 35.7 percent in 2022/23 – is expected to drop to 25.9 in 2023/24 – according to the World Bank and assuming better foreign exchange supply. Egypt’s currency – the Egyptian pound – is expected to drop in “official” value a...

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Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Biodiesel Report Sinks Soyoil, Soy Complex; Wheat Falls on Forecast Rains

First notice day for May futures yielded heavy deliveries against the soyoil contract and, to a lesser extent, soybeans and soymeal. CBOT wheat also saw deliveries, but the grain markets survived the event relatively unscathed. Most of the day’s action was in the soy complex as weaker-tha...

soy-oilseeds

Olive Oil Gets Tighter

Olive oil is a niche product, comprising just under one percent of total global vegetable oil production. It is also higher priced, and only becoming more so as production drops. Europe produces around 62 percent of global olive oil and supplies half the world trade. Production is primarily in...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 24 Corn closed at $4.4675/bushel, down $0.025 from yesterday's close.  Jul 24 Wheat closed at $6.0325/bushel, down $0.0525 from yesterday's close.  Jul 24 Soybeans closed at $11.63/bushel, down $0.19 from yesterday's close.  Jul 24 Soymeal closed at $351.9/short ton, down $2...

feed-grains soy-oilseeds wheat

Market Commentary: Biodiesel Report Sinks Soyoil, Soy Complex; Wheat Falls on Forecast Rains

First notice day for May futures yielded heavy deliveries against the soyoil contract and, to a lesser extent, soybeans and soymeal. CBOT wheat also saw deliveries, but the grain markets survived the event relatively unscathed. Most of the day’s action was in the soy complex as weaker-tha...

soy-oilseeds

Olive Oil Gets Tighter

Olive oil is a niche product, comprising just under one percent of total global vegetable oil production. It is also higher priced, and only becoming more so as production drops. Europe produces around 62 percent of global olive oil and supplies half the world trade. Production is primarily in...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 24 Corn closed at $4.4675/bushel, down $0.025 from yesterday's close.  Jul 24 Wheat closed at $6.0325/bushel, down $0.0525 from yesterday's close.  Jul 24 Soybeans closed at $11.63/bushel, down $0.19 from yesterday's close.  Jul 24 Soymeal closed at $351.9/short ton, down $2...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt reports it has received 900,000 MT of local wheat since the harvest began on 13 April. The government’s target is to receive 3.5 MMT from the 2024 harvest. Egypt’s Suez Canal Economic Zone has re...

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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.

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