World Perspectives

Recent Freight Analysis

FOB Prices and Freight Rate App (Updated 11 October)

Update for 11 October 2019: All other routes/offers updated through the day's close.  Note: Due to client request, WPI has added data for corn prices FOB France, Russia, and a general Black Sea price.   Transportation and Export Report: Jay O’Neil, O’Neil Commodity Consult...

Interactive Ocean Freight Rates (Updated 17 October)

Data Updated Through: 17 October 2019 Note: Due to client request, WPI has started including rates for 60,000 MT vessels from Russia and Ukraine to Egypt.  Ocean Freight Insights and Comments - 17 October 2019 By Jay O'Neil Commodity Consulting It remains difficult for dry-bulk markets to...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST COMMENTS The World Bank expects the Egyptian economy will grow by 5.8 percent this fiscal year which began 1 July 2019. Growth is expected to be much the same for 2020/21. Experts are very happy with the progress that Egypt has made with falling inflation, balanced bud...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST COMMENTS Officials in Iran say that the delay in discharging vessels in Khomeini Port is related to very heavy port volume. As much as 1 MMT of grain is reportedly waiting to be discharged from 20 bulk grain vessels and will be delayed for several weeks. Iran’s i...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST COMMENTS Lebanese millers have again protested strongly against the “official” rate of the U.S. dollar in the country. The rate has not changed in about 20 years with the Lebanese pound pegged at 1,507 to the U.S. dollar. With the shortage of dollars from L...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST COMMENTS As had been expected, Morocco is dropping its soft wheat import duty from 135 percent to 35 percent effective 1 October. Morocco’s harvest dropped 49 percent this year due to poor rainfall. Wheat imports will be used to rebuild the national reserves and...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST COMMENTS Saudi Arabia and the UAE have announced that they will provide more wheat to Sudan – a total of 540,000 MT of wheat has been pledged with more than 200,000 MT shipped to date. Both countries have set up an aid package of about $3 billion for the economic...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The latest FAO report on Syria forecasts an increase in the 2019 wheat crop by more than 80 percent to 2.2 MMT while barley does even better, increasing by 400 percent to 2.0 MMT. The planted area for grains was greatly increased in 2019 becau...

feed-grains wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST COMMENTS After last week’s wheat tender Egypt’s GASC has booked 2.13 MMT of wheat this buying year – 935,000 MT from Russia, 660,000 MT from Romania, 475,000 MT from Ukraine and 60,000 MT from France. Egypt has announced that customs will no longer us...

feed-grains wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS This past week has been the Eid Al Adha period in the Middle East/North Africa (MENA) region. Banks and government offices closed for several days, and news of grain matters has been very limited. With Saudi Arabia changing its standards for w...

wheat feed-grains

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Saudi Arabia is adjusting its wheat import requirements for implementation as of the next tender. Traders expect that a change in the bug damage limitation will allow Russia to take a large share of the Saudi wheat business, particularly since...

wheat feed-grains

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS A feed protein production facility is going to be established in Saudi Arabia. It is reportedly intended to produce as much as 50,000 MT of animal feed protein annually through the processing of methane gas. Construction is expected to begin i...

FOB Prices and Freight Rate App (Updated 11 October)

Update for 11 October 2019: All other routes/offers updated through the day's close.  Note: Due to client request, WPI has added data for corn prices FOB France, Russia, and a general Black Sea price.   Transportation and Export Report: Jay O’Neil, O’Neil Commodity Consult...

Interactive Ocean Freight Rates (Updated 17 October)

Data Updated Through: 17 October 2019 Note: Due to client request, WPI has started including rates for 60,000 MT vessels from Russia and Ukraine to Egypt.  Ocean Freight Insights and Comments - 17 October 2019 By Jay O'Neil Commodity Consulting It remains difficult for dry-bulk markets to...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST COMMENTS The World Bank expects the Egyptian economy will grow by 5.8 percent this fiscal year which began 1 July 2019. Growth is expected to be much the same for 2020/21. Experts are very happy with the progress that Egypt has made with falling inflation, balanced bud...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST COMMENTS Officials in Iran say that the delay in discharging vessels in Khomeini Port is related to very heavy port volume. As much as 1 MMT of grain is reportedly waiting to be discharged from 20 bulk grain vessels and will be delayed for several weeks. Iran’s i...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST COMMENTS Lebanese millers have again protested strongly against the “official” rate of the U.S. dollar in the country. The rate has not changed in about 20 years with the Lebanese pound pegged at 1,507 to the U.S. dollar. With the shortage of dollars from L...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST COMMENTS As had been expected, Morocco is dropping its soft wheat import duty from 135 percent to 35 percent effective 1 October. Morocco’s harvest dropped 49 percent this year due to poor rainfall. Wheat imports will be used to rebuild the national reserves and...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST COMMENTS Saudi Arabia and the UAE have announced that they will provide more wheat to Sudan – a total of 540,000 MT of wheat has been pledged with more than 200,000 MT shipped to date. Both countries have set up an aid package of about $3 billion for the economic...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The latest FAO report on Syria forecasts an increase in the 2019 wheat crop by more than 80 percent to 2.2 MMT while barley does even better, increasing by 400 percent to 2.0 MMT. The planted area for grains was greatly increased in 2019 becau...

feed-grains wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST COMMENTS After last week’s wheat tender Egypt’s GASC has booked 2.13 MMT of wheat this buying year – 935,000 MT from Russia, 660,000 MT from Romania, 475,000 MT from Ukraine and 60,000 MT from France. Egypt has announced that customs will no longer us...

feed-grains wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS This past week has been the Eid Al Adha period in the Middle East/North Africa (MENA) region. Banks and government offices closed for several days, and news of grain matters has been very limited. With Saudi Arabia changing its standards for w...

wheat feed-grains

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Saudi Arabia is adjusting its wheat import requirements for implementation as of the next tender. Traders expect that a change in the bug damage limitation will allow Russia to take a large share of the Saudi wheat business, particularly since...

wheat feed-grains

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS A feed protein production facility is going to be established in Saudi Arabia. It is reportedly intended to produce as much as 50,000 MT of animal feed protein annually through the processing of methane gas. Construction is expected to begin i...

Select Filters to Apply

  • World
  • Publications

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up