News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Hodeidah, a major port city in Yemen, will undergo an expansion and modernization program that is estimated to cost $700 million. According to reports in the Yemeni press, this port handles 70 percent of the country's imports, but has not seen any major port development in the past 25 years. With Yemen importing almost all of its grain and oilmeal requirements, any improvement in the port will certainly facilitate grain trade to the country.The Iranian government has announced that it will increase its purchase price of wheat from farmers by about 30 percent per MT and will supply 300,000 MT of wheat seed for the next planting season. Iran would very much like to increase the local p...
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: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...