Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Yemen is expected to be dependent on India for its wheat supply for 2022 due to the invasion of Ukraine by Russia. India is reported to have shipped 250,000 MT of wheat to Yemen since the invasion. Turkey is going to expand its supply of wheat and wheat related items to Malaysia while Malaysian companies are said to be looking at establishing wheat farms in Turkey to supply some of Malaysia’s wheat import needs. Jordan has received a $130 million loan from the European Bank for Reconstruction and Development (EBRD) that will be used to “finance working capital needs related to grain purchases” and “expansion of strategic grain stora...
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: 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...