Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Egypt’s Consumer Price Index for “urban consumers” is said to have increased 3.8 percent in August with the year to date increase at 107.5 percent. In the past month meat and poultry prices have moved lower while cereals and bread prices are higher. The Trading Corporation of Pakistan (TCP) has finalized another wheat purchase of 330,000 MT at $278.50 MT CNF. It is reported that eight international companies took part in the tender with prices ranging up to $290 MT. TCP has recently set four wheat tenders, two tenders were passed due to high prices while a total of 660,000 MT was purchased. The first wheat import by TCP arrived last week – a shipment of 55,00...
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.