World Perspectives

Recent Freight Analysis

FOB Prices and Freight Rate App (Updated 18 February)

Update for 18 February 2020: New Data Added!! WPI has expanded the data offerings in this app to include DDGS, Sorghum, Soymeal, Corn Gluten Meal, Corn Gluent Feed Pellets, and additional FOB price indications for corn and soybeans. All other routes/offers updated through the day's close. ...

Interactive Ocean Freight Rates (Updated 18 February)

Data Updated Through: 18 February 2020  New Features: Added 6 month, 1 year, 2 year, YTD, and "All" data selectors for easier navigation within charts.  Also added data going back 6 months for the baltic dry-bulk panamax indexes: P2A: Gulf/Atlantic-Japan P2A: PNW/Pacific-Japan...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA COMMENTS Egypt has announced that the population of the country has just reached 100 million people. Egypt will set up its first commodity exchange by January 2021 – wheat, corn, rice and sugar are the initial commodities that will b...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA COMMENTS Pakistan has declared a national emergency due to the spread of desert locusts in the eastern part of the country. They say that it is the worst infestation in 20 years – one that could decimate local grain crops. The locust...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA COMMENTS Iran remains the largest regional buyer of Indian soymeal (soybean extract). A total of 130,000 MT was shipped to MENA in the April/December 2019 crop period with just over 87,000 MT going to Iran. However, Iran’s imports ar...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA COMMENTS The government of Pakistan has announced that 400,000 MT of wheat will be imported, duty free, to cover the existing wheat shortage and to get wheat flour prices back to a more normal level. The importation will be allowed up unti...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt says that it will establish a commodities exchange for the trading of items that will include wheat, sugar, corn and rice – both locally produced and imported. They say that it will be in place in the next 36 to 48 weeks. Several q...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The ports of Alexandria and Dekheila on the Mediterranean in Egypt have reopened after being closed for two days due to bad weather. Ships at berth were allowed to continue loading or discharging but no vessels were allowed to enter or leave t...

soy-oilseeds feed-grains wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Morocco has announced that the duty on durum and soft wheat imports will be suspended from 1 January - 30 April 2020. This is being done to “ensure a regular supply of wheat and to maintain price stability”. Trade experts say that...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Iran is reported to have bought as much as 1 MMT of wheat recently with quite a bit from Russia, but also significant purchases said to be from Germany. Iran’s total wheat imports for 12 months are expected to reach about 3 MMT. Reports...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Importers in the region of Argentina grains, oilseeds and derivatives should expect higher prices in coming days as the new Argentina government has increased export taxes. The tax has been changed from a flat rate per U.S. dollar value to a p...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The FAO has announced a three-year program on the “Global Action for Fall Armyworm Control”. Its plan is to raise $500 million to support this program through the establishment of a Global Action Fund which is looking for internati...

FOB Prices and Freight Rate App (Updated 18 February)

Update for 18 February 2020: New Data Added!! WPI has expanded the data offerings in this app to include DDGS, Sorghum, Soymeal, Corn Gluten Meal, Corn Gluent Feed Pellets, and additional FOB price indications for corn and soybeans. All other routes/offers updated through the day's close. ...

Interactive Ocean Freight Rates (Updated 18 February)

Data Updated Through: 18 February 2020  New Features: Added 6 month, 1 year, 2 year, YTD, and "All" data selectors for easier navigation within charts.  Also added data going back 6 months for the baltic dry-bulk panamax indexes: P2A: Gulf/Atlantic-Japan P2A: PNW/Pacific-Japan...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA COMMENTS Egypt has announced that the population of the country has just reached 100 million people. Egypt will set up its first commodity exchange by January 2021 – wheat, corn, rice and sugar are the initial commodities that will b...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA COMMENTS Pakistan has declared a national emergency due to the spread of desert locusts in the eastern part of the country. They say that it is the worst infestation in 20 years – one that could decimate local grain crops. The locust...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA COMMENTS Iran remains the largest regional buyer of Indian soymeal (soybean extract). A total of 130,000 MT was shipped to MENA in the April/December 2019 crop period with just over 87,000 MT going to Iran. However, Iran’s imports ar...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA COMMENTS The government of Pakistan has announced that 400,000 MT of wheat will be imported, duty free, to cover the existing wheat shortage and to get wheat flour prices back to a more normal level. The importation will be allowed up unti...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt says that it will establish a commodities exchange for the trading of items that will include wheat, sugar, corn and rice – both locally produced and imported. They say that it will be in place in the next 36 to 48 weeks. Several q...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The ports of Alexandria and Dekheila on the Mediterranean in Egypt have reopened after being closed for two days due to bad weather. Ships at berth were allowed to continue loading or discharging but no vessels were allowed to enter or leave t...

soy-oilseeds feed-grains wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Morocco has announced that the duty on durum and soft wheat imports will be suspended from 1 January - 30 April 2020. This is being done to “ensure a regular supply of wheat and to maintain price stability”. Trade experts say that...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Iran is reported to have bought as much as 1 MMT of wheat recently with quite a bit from Russia, but also significant purchases said to be from Germany. Iran’s total wheat imports for 12 months are expected to reach about 3 MMT. Reports...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Importers in the region of Argentina grains, oilseeds and derivatives should expect higher prices in coming days as the new Argentina government has increased export taxes. The tax has been changed from a flat rate per U.S. dollar value to a p...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The FAO has announced a three-year program on the “Global Action for Fall Armyworm Control”. Its plan is to raise $500 million to support this program through the establishment of a Global Action Fund which is looking for internati...

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