Sub Saharan Africa (SSA) has the lowest average corn yield of any region in the world. Its corn yield is 77 percent lower than that achieved in North America. But the UN Food & Agriculture Organization predicts that SSA will experience a higher percentage increase in corn yields by 2031 of any region in the world, rising 17.7 percent. Since SSA also has the fastest growing population of any part of the world, having the highest rising yield of a staple crop is a good signal for food security. However, the FAO’s calculations must be put into context. A large percentage change from a low base can look outsized on order but amount to a relatively small actual increase. In this case, a 17.7 percent increase would still place the regi...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is reported to have finalized the purchase of 270,000 MT of wheat, including 220,000 MT of U.S. wheat. The U.S. wheat is priced at $322/MT, with an additional 50,000 MT of wheat at $297.90/MT through an international te...
From WPI Consulting
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.