Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt has announced that Dubai-based AOS has been removed from the list of wheat sellers on government tenders, and its local Egyptian agent has also been removed from the approved supplier list. AOS recently failed to deliver two lots (60,000 MT each) to Egypt’s GASC. It has reportedly been supplying about 20 percent of Egypt’s wheat imports in recent months. Egypt was the largest buyer of Ukrainian grain exports in 2017/18 with purchases valued at $724 million. It was the largest buyer of wheat and the second-largest of corn (China was in the top position). Saudi Arabia was the largest buyer of Ukrainian barley. Egypt was also in discussion with Kazakhstan regarding the t...
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...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.