The Egyptian Company for Agriculture and Rural Development (ECARD), a government agency, will restart its contract growing program with the main focus on one particular crop. It is hoped that this effort will help substantially reduce the need for imported stocks. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS As most involved have experienced, arbitration is a common way to settle disputes in the grain trade, mainly via GAFTA or FOSFA arbitration and NAEGA for U.S FOB shipments. Until now, such mediation with companies in Saudi Arabia did not go well due to that country’s own arbitration and enforcement laws that did not conform much to international standards. However, Saudi Arabia now has a new arbitration law that is based large...
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.
There are plenty of major headlines moving across the markets today, but the reaction beneath them remains cautious. Crude oil is holding steady despite reports of progress involving the Strait of Hormuz, corn and soybeans remain tied to changing weather forecasts, and wheat continues to weigh...
Key Takeaways: Sugarcane is the world’s largest crop by total production volume, surpassing major commodities such as corn, wheat, and soybeans, and supplies roughly 80 percent of global sugar production. Sugarcane’s perennial growth cycle allows farmers to harvest multiple crops f...
Russian Grain Markets: 27–31 July 2026 Russian grain prices declined sharply during the week under review as new-crop supplies entered the market and demand weakened. Corn and barley prices declined, while both milling and feed wheat and rye experienced larger losses. The harvest campaign...