Mediterranean/Middle East/North Africa/Africa – MEA Region Lebanon’s 2025 grain crops are expected to be much lower, as much as 25 percent lower for wheat, due to the drought and to local conflict. Rainfall is down by 50 percent in some areas while due to conflict many farmers were unable to work on their farms. Total grain imports are expected to be at 1.3 MMT including 600,000 MT of wheat. Local production is very small with only 70,000 MT of wheat, 18,000 MT of barley and 4,000 MT of maize, all according to the FAO. Oman Flour Mills (OFM) reports that it intends to develop insect protein production for animal feed, part of a program that was first planned in 2022. OFM says that 50 percent of its revenue comes from...
With no bullish surprise out of Beijing this week and good weather taking over many global crop areas, funds spent the past couple of days selling off the peak positions they had built. CNN’s Live Updates blared, “No signs Trump and Xi resolved any thorny challenges.” By...
The long-awaited meeting between President Trump and President Xi of China has concluded, and details are elusive, though Trump stated today that he and Xi made some “fantastic” trade deals. Both countries reported the meetings as a success, but that has more to do with positioning...
Key Takeaways Weather conditions in China and India are deteriorating and threatening the wheat crops. Drought conditions in China are not without precedent, and modeling efforts suggest a modest 1.5 percent yield reduction vs. 2025. India’s wheat yields are forecast to fall 3 perc...
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.