Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Cyprus' government has set aside €9 million for the support of animal farmers who are suffering due to very high grain and feed prices. High prices are related to both high international prices and supply difficulties caused by COVID-19. The government hopes to distribute the support funding by the end of the year. Egypt reports reports it has a sufficient supply of wheat to cover all needs for six months. Egypt is expected to approve Latvia as a supplier of wheat in GASC import tenders. Safety and compliance conditions are being reviewed in advance of approval. Due to high international wheat prices, Egypt is trying to expand its approved list of origin countries...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
In agriculture and food processing, we think a lot about infrastructure: transportation and storage, processing and packaging, distribution and delivery. It is a physical system of roads, railroads, and rivers; concrete and steel storage; processing plants, warehouses, and machinery; and, event...
Key Takeaways: The Panama Canal’s draft restrictions and decreasing rainfall outlook are driving big moves in dry bulk markets this week. Panamax markets are sharply lower as the economics of moving freight across the Canal are deteriorating rapidly, leading to support in Supramax vessels...
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.