Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS As part of its budget control measures, Egypt has announced price increases of 35-40 percent for gasoline (depending on the grade) and 60 percent for home cooking gas. This announcement was made during the Eid Al-Fitr holidays to avoid any organized protests, and it follows other recent price increases for water (45 percent), electricity (26 percent) and Cairo subway fares (250 percent). The gasoline price hike will be very difficult for the farming sector as well as grain transportation. Diesel fuel prices were not raised, however, which should mean that most major trucking will not be affected (at least not yet). All grains (both local and imported) are transported by truck in Egypt...
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
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.