Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt’s Central Bank has increased interest rates by 2 percent to a maximum of 12.25 percent as a measure to control inflation that has been complicated by the Russia/Ukraine “tensions” and related supply chain bottlenecks. Egypt’s GASC has about 300,000 MT of Ukraine wheat orders unshipped due to the Russian port blockade. GASC does not consider this to be a force majeure situation and is looking to its suppliers to fulfill the contracts. A number of the lots of wheat are loaded on vessels that can’t sail from the load port. Egypt is about to receive 61,500 MT of Indian wheat that had started to load prior to the export ban...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.