Millers in Kenya are saying that they have not purchased all of the government’s released maize because of one cost-related issue. Meanwhile, the government there has finally issued the rules that will allow duty-free importation of both white and yellow maize. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Russia and Turkey have seemingly resolved their recent dispute regarding duty-free imports. As stated by both sides, however, it will take a bit of time to work out all the details before there is a return to normalcy. The wheat duty situation will be corrected at once, and those shipments will once again be flowing from Russia to Turkey. There are other more long-term changes that will have to be made concerning Turkish tomatoes...
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.
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...