News Updates EGYPT COMMENTs The Egyptian government said that the amount it pays out to farmers for wheat will increase by 5.2 percent for the 2013 wheat season. The government budget plans to purchase of 4 MMT of local Egyptian wheat.Qatari investors are looking at making a $100 million investment in the poultry industry in Egypt. The investment is based on an Egyptian government plan, and is said to be the basis for the expansion of Egyptian poultry exports to the Middle East and North Africa region. The program will require a staff of about 1,000 people and will be fully integrated, including feed production. Poultry in Egypt is the major consumer of corn, soymeal and various protein meals. Any expansion of the industry, especially wit...
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: 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...