Mediterranean/Middle East/North Africa/Africa – MEA Region Iraq’s 2025 wheat crop is above the five-year average at a total of 5.1 MMT which is expected to result in 2025/26 wheat imports dropping by about 9 percent to 2.0 MMT, according to the FAO. The past two wheat crops in Iraq have both been above the five-year average of 4.5 MMT. Turkey is reportedly the world’s third largest pasta producer after Italy and the U.S. It is very interesting to see that Egypt is the fourth largest pasta producer. Turkey produces 1.97 MMT of pasta while Egypt shows 1.20 MMT. On the consumption side, Tunisia is seen as the second largest consumer per capita following Italy. Italy consumes 23.2 kg per person while Tunisia is at 17.0 kg. Pak...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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.