Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Morocco has confirmed that it will lift the 135 percent duty on soft wheat imports as of 1 November 2018. The government had also been providing subsidies to those millers using local wheat. Morocco’s total wheat crop has reportedly reached 10.3 MMT (4.9 MMT of soft wheat, 2.4 MMT of durum and 2.9 MMT of hard wheat). Its current wheat reserves are said to total 4.3 months of consumption. Iraq’s ag minister has advised that the planted area for irrigated winter crops will be reduced by 55 percent due to a lack of water. National water reserves are reported to be down 27 percent. Iraq’s total wheat crop is expected to be 20 percent smaller, which should necessitate addit...
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...
From WPI Consulting
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.