Mediterranean/Middle East/North Africa/Africa – MEA Region Morocco has established its soft wheat import rebate program for 1 January to 30 April 2026. The actual amount of the import rebate is calculated on the average landed cost versus the government set reference price based on information supplied by France AgriMer and the International Grains Council. Importers must supply full documentary details of shipments including, but not limited to, purchase details, commercial invoices and bills of lading. Iran will continue to subsidize wheat imports in 2026 although other food staple items have had support removed. The subsidy is in the form of a fixed exchange rate for rials against US dollar. This fixed exchange rate is also applied...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.