Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Syria will pay about $359/MT for the wheat it purchases from farmers, up nearly $20/MT versus last year’s price. The last crop there was the smallest in 30 years, and it is expected that the country will have to import 1.5 MMT of wheat this year, mainly from Russia. Egypt’s wheat farmers are complaining that the government purchase price of about $226/MT is too low, but the government says that is higher than international prices. The same farmers are also looking for an increased supply of government-subsidized fertilizer. Egypt will produce about 9.5 MMT of wheat this year with only about one-third going to the government. The country would like to be self-sufficient in wh...
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.
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...