Regional Updates MIDDLE EAST/ MIDDLE EAST COMMENTS The press in Russia reports that talks are underway with Libya regarding the purchase of 1 MMT of Russian wheat, both milling and feed wheat, at a cost of approximately $700 million. Although no agreement has been reached, Libya does require that level of volume. The Russian government also reports that Algeria is very interested in a supply of wheat. A trial lot will be inspected by its officials in Russia and then, if accepted, shipped to that country for local import inspection and approval. Most of its wheat imports tend to be from France, but Russia hopes to be allowed to take part in its wheat tenders. Russian wheat is currently prohibited because it does to meet Algerian bug damag...
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: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...