World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt is expected to increase its local wheat purchase price this year due to inflationary pressures. The government advised that the 2024 price will be announced shortly following a ministerial meeting. Egyptian officials mentioned that there are about $1.3 billion in cargoes still to clear customs – grains, medical supplies, and animal feed items. The Prime Minister has directed the government to “expedite the release” of uncleared items. The Central Bank is cooperating in supplying foreign funds for the payment of “essential commodities”. Egypt is hosting a conference, on 26 February on the arbitration of commercial and mar...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iran continues to be the largest importer of Brazil maize as total maize exports reach 23.8 MMT. Iran has imported about 4.7 MMT followed by Egypt at just over 4.0 MMT, Saudi Arabia with 1.1 MMT, Morocco at 900,000 MT and Algeria...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans, Wheat Rally on China Buying; USDA Confirms Report Release

Rumors of Chinese buying supported soybeans and SRW wheat futures on Monday and sent both contracts to new rally highs. For soybeans, the biggest news drivers were details that the White House shared about China’s soybean purchase commitments and China’s confirmation that it will su...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3425/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.435/bushel, up $0.095 from yesterday's close.  Jan 26 Soybeans closed at $11.3425/bushel, up $0.19 from yesterday's close.  Dec 25 Soymeal closed at $320.8/short ton, down $0.8 fro...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iran continues to be the largest importer of Brazil maize as total maize exports reach 23.8 MMT. Iran has imported about 4.7 MMT followed by Egypt at just over 4.0 MMT, Saudi Arabia with 1.1 MMT, Morocco at 900,000 MT and Algeria...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans, Wheat Rally on China Buying; USDA Confirms Report Release

Rumors of Chinese buying supported soybeans and SRW wheat futures on Monday and sent both contracts to new rally highs. For soybeans, the biggest news drivers were details that the White House shared about China’s soybean purchase commitments and China’s confirmation that it will su...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3425/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.435/bushel, up $0.095 from yesterday's close.  Jan 26 Soybeans closed at $11.3425/bushel, up $0.19 from yesterday's close.  Dec 25 Soymeal closed at $320.8/short ton, down $0.8 fro...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn  Argentina’s corn planting advanced 1.2 percentage points last week, reaching 35 percent of the projected national area. In the central agricultural region, early planting is nearly complete, while some areas in the central and southern parts of Buenos Aires province still need...

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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.

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