World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

U.S. corn exports to North Africa/Africa in the first quarter of 2016 are down 75 percent versus 2015, mainly due to reduced business with Algeria, Morocco and Egypt. However, those to the Middle East are up strongly from last year because of a 50 percent increase in shipments to Saudi Arabia. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS It is interesting to note that U.S. corn has entered the period when it is very price competitive to North African destinations. Both Israel and Algeria have been active with that origin in the past few days, which is the first time for either country in 2016. U.S. corn exports to North Africa/Africa in the first quarter of 2016 are down 75 percent versus 2015, mainly due to reduced business with...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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