Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION African grain importers from Russia may find that business is easier as Russia is looking at the possibility of providing trade financing to buyers through EXIM BANK and the Russian export credit agency. While there are no sanctions against shipments of Russian grain, the banking sanctions in place have made export payments much more difficult. Algeria’s latest crop report from the USDA-FAS local office shows wheat production up by 900,000 MT at 3.3 MMT and wheat imports up by 200,000 MT at 8.3 MMT for 2022/23. The higher production and imports should put ending wheat stocks up to 5.7 MMT. Barley production is at 1.2 MMT, up by 250,000 MT over 2021/22...
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...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
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.