Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Turkey has protested to the WTO about the Philippines extending its antidumping duties on Turkish flour. The Philippines intends to extend the duty by three years. It is interesting to note that, even with the antidumping duty, Turkey is still the largest supplier of wheat flour to the country with just over 44 percent of all wheat flour imports. The current rate of duty for Turkish wheat flour can be as high as 29.57 percent, covering 16 named Turkish exporters. Wheat prices are expected to stay strong in coming weeks as major wheat importing countries (Turkey, Jordan, Tunisia, and Egypt) seem to be buying larger than normal quantities of wheat and are building much larger th...
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.