Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Egypt intends to have a commodity exchange in place for the first half of 2021. The exchange will trade wheat, vegetable oils, rice, and sugar. Invested capital will be close to $6 million. Delivery points will be set at specific government approved warehouses and all available commodities will be able to be accessed through an electronic trading platform. Long-term the exchange is expected to expand the number of commodities and to also set up trading in commodity options. According to the latest USDA-FAS report on Egypt, wheat production will increase slightly in 2020/21 to 8.9 MMT with wheat imports steady at just under 13 MMT. Egypt’s corn production will also be steady at...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.