Mediterranean/Middle East/North Africa/Africa – MEA Region Turkey’s courts have surprised the grain/oilseed industry by ruling that an arbitration award like a recent one on a FOSFA contract cannot be enforced in Turkey. This decision will be of concern to sellers and buyers using both FOSFA and GAFTA contracts with Turkey based principals. Pakistan reportedly purchased as much as 300,000 MT of U.S. sorghum to help cover maize losses seen in recent flooding. The purchase price is estimated by the trade at about $260 MT CNF. Egypt’s annual consumer price index inflation rate is 10.7 percent, down from 11.7 percent in July 2025. Egypt’s Mostakbal Misr says that it has booked 600,000 MT of wheat for September and...
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.
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...