World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt’s government has announced that the official customs exchange rate will remain at the current level of 16 EGP against the USD for January 2018; the actual currency rate is now about 17.69 EGP to the USD. A steady rate certainly helps grain importers by keeping costs consistent. A new organization has been established in Egypt over the past few weeks that could be of great benefit to the grain industry. The Egyptian Grain Suppliers Association was reportedly formed with 12 major grain trading companies as founding members. It is expected to present a united front regarding Egyptian government rules that affect the grain import business with specific current concern for import inspection regula...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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The CPI released this morning showed that August prices increased 0.4 percent and 2.9 percent over the last 12 months. For food at home, the index rose to 0.6 percent in August and for 0.3 percent for food away from home. The August data compares to a drop of -0.1 percent in July and 2.7 percen...

feed-grains soy-oilseeds wheat

Market Commentary: Calm, Confident, But Correct?

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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.

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