Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Morocco has announced that the suspension of duty on common wheat will be extended beyond 15 June until the end of December 2020. With the local wheat harvest forecast to be much below normal the government wants to ensure that wheat supplies are adequate. Wheat stocks are said to stand at about 4.5 months consumption. Egypt’s Cairo Poultry Co has agreed to the sale of its shares in Egyptian Starch and Glucose to Egypt’s Cairo 3A, an agri-business company. Egyptian starch is a corn processor that supplies corn gluten meal and corn gluten feed, as a processing by-product, to the animal feed industry. With the purchase, Cairo3A is said to be the largest corn processo...
After spending much of the year searching for a reason to stay, the bulls suddenly have several. Grain markets have strengthened, wheat is leading the charge, outside markets are becoming more supportive, and geopolitical and weather risks are once again demanding attention. Does that mean the...
Key Takeaways: Cover crops are gaining adoption as farmers seek to improve soil health, reduce erosion, and build more resilient cropping systems. While cover crops do not provide immediate revenue, their long-term benefits include improved nutrient retention, water management, and soil produc...
The latest EIA data showed some interesting anomalies in the ethanol industry, changes that will have a material impact on the industry’s profits and corn consumption for 2025/26 and early 2026/27. The EIA reported that ethanol production fell 4.8 percent for the week ending 10 July...
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.