Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA News from the Middle East and North Africa is limited this week due to the Eid al Adha holidays in the area – the holiday is normally four or five days, depending on the country. The World Bank is providing $202 million for the expansion of the Bangladesh grain reserves. The funds will be used to increase the capacity of grain reserves by 535,500 MT from the current level of 2 MMT. Eight steel grain silos are to be built in various areas of the country. The latest USDA-FAS report on grains in Algeria show an improved picture for 2020/21 with wheat production at about 3.9 MMT and wheat imports dropping by 1.5 MMT to 5 MMT. However, ending wheat stocks will be down by abo...
Grains posted strong gains today, putting the bulls firmly in the driver’s seat. There was no shortage of fuel for the move, with three W’s driving the rally: weather, war and worry. Weather: Cooler temperatures are temporarily easing stress across the Northern Plains and Midwest, b...
Key Takeaways: Global and U.S. cotton demand has struggled since the post-COVID-19 pandemic surge, which has left cotton prices drifting lower in the U.S. The war in Iran and the closure of the Strait of Hormuz, along with their impact on global energy markets, could boost cotton demand...
Russian Grain Markets: 13–17 July 2026 New-crop trading dominated the Russian grain market during the week as old-crop business largely came to an end. Most transactions shifted to new-crop supplies, establishing new price ranges across the market. Bearish sentiment prevailed across most...
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.