Mediterranean/Middle East/North Africa/Africa – Mea Region Iran says that there will be no problems with grain imports and distribution although news stories say that major importer Modalal Group is facing financial difficulties due to EU banking sanctions and a severe shortage of foreign currency. Twenty-one grain/oilseed/sugar vessels are waiting in Bandar Khomeini due to a lack of payment with another 20 vessels enroute. Modalal says that delays in payment are always a problem with Iran imports but assures suppliers that payment will be made. Saudi Arabia is importing grain from the Western sanctioned, Russia occupied Crimea. Vessel tracking software implies that recent grain shipments to Saudi began in Crimea – tracking soft...
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.
Grains posted strong gains today, putting the bulls firmly in the driver’s seat. There was no shortage of fuel for the move, with three W’s driving the rally: weather, war and worry. Weather: Cooler temperatures are temporarily easing stress across the Northern Plains and Midwest, b...
Key Takeaways: Global and U.S. cotton demand has struggled since the post-COVID-19 pandemic surge, which has left cotton prices drifting lower in the U.S. The war in Iran and the closure of the Strait of Hormuz, along with their impact on global energy markets, could boost cotton demand...
Russian Grain Markets: 13–17 July 2026 New-crop trading dominated the Russian grain market during the week as old-crop business largely came to an end. Most transactions shifted to new-crop supplies, establishing new price ranges across the market. Bearish sentiment prevailed across most...