Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Central Bank has left interest rates unchanged, with the main operational interest rate standing at 27.75 percent per annum. Egypt and the EU have agreed on a €90 million European Investment Bank finance program to improve grain storage and logistics in Egypt. The funds will be used by Egypt’s GASC to “improve its capacity to import and store wheat”. Egypt’s grain/soybean production and imports for 2024/25, according to the International Grains Council, show wheat production increasing from 9.9 MMT to 10.1 MMT, with wheat imports dropping from 12.8 MMT to 12.3 MMT. Maize production is seen as dropping from 7.2 MMT to 7.0 MMT, wh...
What You Need to Know Today: It was a quiet trading day across major agricultural commodities, with most contracts closing within 1 percent of the previous day's settlement. Trading volumes for corn and the soy complex were lighter than earlier in the week, as traders were positioning before a...
It is easy to get overwhelmed by the debates surrounding farm policy and crop production, especially the current back-and-forth about regenerative agriculture. Regeneration appears to be the word of the decade, the one that won’t go away. Its ubiquity cannot be ignored; in the same way we...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.