Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA In Pakistan, it appears likely that the government will import as much as 1.4 MMT of wheat. International wheat prices to Pakistan are expected to be as much as 25 percent higher than the current price for local wheat. The government says that it will only import wheat if the private sector fails to import the 2 MMT that had government approval for import. So, the government announcement is a fallback position if the trade does not or cannot import. MENA importers of Ukraine wheat can breathe a little easier as the government of the Ukraine is expected to see wheat exports as high as 17.2 MMT. The official but semi-formal export agreement between the trade and the government is expe...
What You Need to Know Today: New World screwworm is back in the headlines after new cases were found in a hunter-harvested elk in Texas and a beef cow in New Mexico. The detection in wildlife could further complicate containment efforts, as implementing effective biosecurity measures is consid...
Key Takeaways: Dry bulk markets remain mixed with Capesize rates turning around from their recent weakness and posting solid gains on improved Chinese demand. Panamax vessels, on the other hand, saw rates decline amid greater tonnage availability in the South Atlantic and falling U.S. Gu...
Key Takeaways: Demand and capacity decide where milk growth lands. Italian cheese is up 4.2 percent in 2026, and milk output is growing fastest in Kansas, South Dakota and Texas, where the new plants are located. Price spreads decide where the marginal milk goes. The Class IV premium over Clas...
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.