Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s currency has weakened in the past few weeks as higher energy costs related to the US/Iran conflict have pushed import prices up. Imports are paid mainly in US dollars and demand for the dollar has caused the Egyptian pound to drop. Recently the dollar has gained 11 percent against the EGP, pushing up imported grain and protein prices in the local market. Egypt’s soybean imports so far in 2026 have been almost 94 percent from the U.S., with total soybean imports for 2026 at 2.5 million MT, up by 16.5 percent over 2025. Soybean imports from the Black Sea have dropped to almost zero. Egypt’s wheat imports in 2026 to date are up by 66 percent to 7.2 MMT,...
What You Need to Know Today: Headlines emerging from negotiations between President Trump and President Xi were relatively limited, with a more substantive announcement expected Monday. U.S. Trade Representative Jamieson Greer indicated that additional details related to agricultural trade cou...
The heat of summer is now transitioning into more moderate temperatures, and the next two months have the busiest marketing periods of the year for replacement cattle. Weather always influences the replacement cattle market, and the primary grain belt in the Southern Plains, where many cattle a...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.