While most of the world is narrowly focused on COVID-19, East Africa faces the same prospects for that human disease while also battling the fall army worm and the desert locust. The locust outbreak alone is said to be the worst in 25 years for East Africa and the worst in 70 years for Kenya specifically. Periods of good moisture causes a boom in the region's plant life and concurrently prompts the desert locust to hatch and take advantage of the now abundant food. That includes the staple food crops used by humans. According to the Desert Locust Information Service, 1997 had a locust alert after good rains fell in the southern end of the Red Sea. The region’s maize production was off by less than one million tons. Likewi...
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.
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
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 “...