Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Pakistan’s soybean import estimates have been dropped from 2.5 MMT to just 1.2 MMT due to the GMO ban. However, with rapidly increasing poultry prices there is some hope that the government will lift the GMO ban. Soymeal, which is a major protein ingredient in poultry feed, is produced from imported soybeans. Poultry producers have had to cut back on production due to a shortage of soymeal and this is pushing retail poultry prices much higher. Pakistan’s rupee slipped 6 percent against the U.S. dollar last week. It has reached a new record low in value as have the available levels of foreign exchange. Pakistan officials advise that the 450,000...
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: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in...