Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS It is reported in Egypt that 45,000 MT of Russian wheat were seized from local storage due to infestation. The wheat had entered the country several months ago and was stored near Alexandria on the Mediterranean. It is said to be for private sector use and not part of any GASC tender. ADM and Cargill have formed a new joint venture in Egypt, SoyVen, which will own and operate the soybean crushing facility of National Vegetable Oil Company (NVOC). The facility is located in Borg El Arab, Egypt and has capacity to crush 6,000 MT of soybeans per day. SoyVen will be a 50/50 venture for the two companies, and their other operations will not be part of it. Nebulon Ukraine advises that it wil...
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...