News Updates EGYPTIAN AND ALGERIAN AGRIBUSINESS REPORTS There were new reports out this week on the agribusiness in both Egypt and Algeria. The following are some highlights.Egypt: Domestic corn production is forecasted to increase by about 7 percent in the next four years; poultry production is expected to increase by 15 percent (poultry feed is the main use for corn in Egypt). The 2012 inflation rate is expected to be at about 12 percent.Algeria: Domestic barley production is expected to increase by 25 percent and local wheat production is projected to increase 21 percent. Imports of the two crops also are expected to increase as demand is outgrowing local production. Algeria is expected to maintain high safety stocks of both milling wh...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.