Mediterranean/Middle East/North Africa/Africa – MEA Region Grain markets in the MENA region are quiet due to the Musim Eid holidays that extends through 9 June. The FAO forecast Egypt to have above average grain crops in 2025, much of which is due to improved availability of high yielding seed stocks and higher government set purchase prices for wheat. Imports for 2024/25 are seen as reaching 14 MMT for wheat with corn imports at 8 MMT. Wheat imports are also said to be higher due to increased levels of wheat flour exports by Egypt. Sudan is the largest importer of Egyptian wheat flour. Actual cereal production for 224 is seen as 9.4 MMT for wheat and 7.2 MMT for corn. Egypt’s CNF cost for wheat is about $230 to $240 depen...
Grains posted strong gains today, putting the bulls firmly in the driver’s seat. There was no shortage of fuel for the move, with three W’s driving the rally: weather, war and worry. Weather: Cooler temperatures are temporarily easing stress across the Northern Plains and Midwest, b...
Key Takeaways: Global and U.S. cotton demand has struggled since the post-COVID-19 pandemic surge, which has left cotton prices drifting lower in the U.S. The war in Iran and the closure of the Strait of Hormuz, along with their impact on global energy markets, could boost cotton demand...
Russian Grain Markets: 13–17 July 2026 New-crop trading dominated the Russian grain market during the week as old-crop business largely came to an end. Most transactions shifted to new-crop supplies, establishing new price ranges across the market. Bearish sentiment prevailed across most...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.