Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Pakistan’s wheat sales are said to have reached about 750,000 MT at FOB prices of $190-195 /MT in bulk vessel, reportedly for shipment to Kenya, Sri Lanka and Bangladesh with additional sales to Asian destinations. According to the latest USDA-FAS report on Bangladesh, wheat imports in 2017/18 will increase nearly 1 MMT to 6.5 MMT, while corn imports will be steady at about 1 MMT. The country only produces approximately 1.2 MMT of wheat per year with total consumption at about 7.5 MMT. Bangladesh is a much larger producer of corn at 3.3 MMT, all of which is used for animal feed. There is talk in Turkey that corn imports could be needed after April, and the government may drop the...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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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.