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Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Egypt reports that the revenues from the Suez Canal are down by about 3 percent in 2020 to $5.61 billion. The government feels that 2021 revenues will be about the same level unless there are further COVID-19 related shipping problems to and from Asia.  Egypt has also taken the first steps in allowing its main wheat buyer – GASC – to set up its own shipping company for the transport of grains – both in and out of Egypt. The company is to be named Atlantic Pacific Company for Shipping and Trade and is expected to own some vessels. Much of the wheat imported is currently shipped using the government’s National Navigation Company. Also in Egypt, the...

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soy-oilseeds

WASDE Soyoil

U.S. soybean oil price outlook is projected at 45.0 cents per pound, up 4 cents. ...

soy-oilseeds

WASDE Soymeal

U.S. soybean meal price outlook is unchanged at $400 per short ton...

soy-oilseeds

WASDE Soybeans

U.S. soybean outlook is for higher exports, lower crush, residual use, and seed use.  Soybean ending stocks are projected at 120 million bushels, unchanged from the previous forecast.  The season-average soybean price is forecast at $11.25 per bushel, up 10 cents...

soy-oilseeds

WASDE Soyoil

U.S. soybean oil price outlook is projected at 45.0 cents per pound, up 4 cents. ...

soy-oilseeds

WASDE Soymeal

U.S. soybean meal price outlook is unchanged at $400 per short ton...

soy-oilseeds

WASDE Soybeans

U.S. soybean outlook is for higher exports, lower crush, residual use, and seed use.  Soybean ending stocks are projected at 120 million bushels, unchanged from the previous forecast.  The season-average soybean price is forecast at $11.25 per bushel, up 10 cents...

feed-grains

WASDE Corn

U.S. corn outlook is for greater feed and residual use, increased corn used for ethanol production, larger exports, and lower ending stocks. Corn used to produce ethanol is raised 25 million bushels and exports are increased 75 million bushels. The season-average farm price is unchanged at $4.3...

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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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