Correlation is not causation, but many nations focus their investments on agriculture due to idealizing food self-sufficiency. That can come at the expense of other investments that could prove more valuable. Egypt has made a concentrated effort to improve its food self-sufficiency but had to reduce its target for 2025 from 65 percent locally grown wheat to meeting 51 percent of requirements domestically. The country has made progress, largely via expanded land use, irrigation, and improved genetics. But it pays domestic farmers substantially more for their wheat than it would cost to import the grain. At the same time, the country’s consumption subsidies for bread and flour drives wheat demand ever higher. On its face, Egypt has impr...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
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.