Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS A feed protein production facility is going to be established in Saudi Arabia. It is reportedly intended to produce as much as 50,000 MT of animal feed protein annually through the processing of methane gas. Construction is expected to begin in the second half of 2020 with completion taking up to 24 months. Saudi food group Almarai reports a decline in profits. Its dairy sector is said to be down approximately 23 percent due to higher import costs for alfafa, although total sales did rise. However, Almarai reports that its poultry division has done very well and is showing strong growth as well as increased profitability. Egypt is planning to build a $200 million pier and grain termina...
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.
After spending much of the year searching for a reason to stay, the bulls suddenly have several. Grain markets have strengthened, wheat is leading the charge, outside markets are becoming more supportive, and geopolitical and weather risks are once again demanding attention. Does that mean the...
Key Takeaways: Cover crops are gaining adoption as farmers seek to improve soil health, reduce erosion, and build more resilient cropping systems. While cover crops do not provide immediate revenue, their long-term benefits include improved nutrient retention, water management, and soil produc...
The latest EIA data showed some interesting anomalies in the ethanol industry, changes that will have a material impact on the industry’s profits and corn consumption for 2025/26 and early 2026/27. The EIA reported that ethanol production fell 4.8 percent for the week ending 10 July...