Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Egypt’s Agriculture Ministry says that about 3.63 million acres (3.5 million feddans) will be planted in wheat in 2020 – planting began in mid-November with the harvest starting in April. This forecast by the Ministry is almost the exact level of the last crop. However, Egypt is looking to a larger wheat crop due to better yields with increased usage due to better control on post-harvest losses. Bangladesh is expected to produce about 5.1 MMT of maize for 2020/21, an increase of about 13 percent but, with consumption ranging between 6 and 8 MMT, imports are expected to still be from 1 to 3 MMT. However, the expanding planting of maize could mean that Bangladesh may...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...