Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION African grain importers from Russia may find that business is easier as Russia is looking at the possibility of providing trade financing to buyers through EXIM BANK and the Russian export credit agency. While there are no sanctions against shipments of Russian grain, the banking sanctions in place have made export payments much more difficult. Algeria’s latest crop report from the USDA-FAS local office shows wheat production up by 900,000 MT at 3.3 MMT and wheat imports up by 200,000 MT at 8.3 MMT for 2022/23. The higher production and imports should put ending wheat stocks up to 5.7 MMT. Barley production is at 1.2 MMT, up by 250,000 MT over 2021/22...
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: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...