Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Lebanon officials have said that the Beirut port silos will be demolished due to the extensive damage caused by the recent explosion in the port. The silos contained about 45,000 MT of grain at the time of the explosion and none of the grain is salvageable for human food or animal feed use. There are also news reports in Lebanon that flour donated by Egypt and Iraq, since the port explosion, has been poorly stored and may have to be destroyed. The government denies these reports. Crysbro, a Sri Lankan poultry company, has come out strongly in support of the government’s plans to expand local maize production. Sri Lanka produces about 225,000 MT of maize per year, but con...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...