Regional News Iraq tendered for 50 KMT of milling wheat last week and the lowest offer received was for Ukrainian wheat at $386/MT CNF. U.S. wheat was offered at $551.80/MT CNF with offers from Canada, Australia, Romania, Poland, and Lithuania ranging from $424-498.50/MT CNF. Offers for Russian wheat were not considered due to the terms of the tender. Last week, Tunisia bought 150 KMT of soft wheat at $383-388/MT CNF along with 100 KMT of durum wheat priced from $505-522/MT CNF. Wheat is reportedly piling up in Egypt’s ports due to payment issues. Sources say between 800-900 KMT of wheat is in ports waiting for payments to clear. Reports indicate that 80 percent of Egypt’s wheat mills cannot operate to produ...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.