World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt is the largest importer of Russian wheat with imports of 8.6 MMT in MY 2023/24 that ended June 30.  Egypt’s government purchases of local wheat have reached 3.55 MMT causing the target purchase to be increased to 3.7 MMT from 3.5 MMT. Egypt’s current wheat reserves will cover 6.6 months of consumption.  Syria has announced a program with Russia that will “restore or reconstruct destroyed mills and silos” using Russian technology and equipment. The first mill under the program is expected to be operational in August and will produce 600 MT of flour per day. Iran reports government local wheat purchases of 6.3 MMT so...

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feed-grains soy-oilseeds wheat

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Ocean Freight Comments - 12 July 2024 By Matt Herrington Dry bulk markets were mixed this week with paper and physical markets showing diverging trends. The Baltic Dry indexes were mostly higher this week (except for the Capesize sector, which posted late-week declines) but physical markets wer...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.1075/bushel, up $0.035 from yesterday's close.  Sep 24 Wheat closed at $5.7125/bushel, up $0.0975 from yesterday's close.  Nov 24 Soybeans closed at $10.6775/bushel, up $0.0075 from yesterday's close.  Dec 24 Soymeal closed at $315.5/short ton, down $0.9...

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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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