Experts in Kenya are saying that the government will not be able to terminate the duty-free importation of white maize at the end of September as planned because of one major issue. Meanwhile, scientists there have taken a certain step regarding GM strains. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt has announced that it will sieve the two wheat cargoes it claims contain drug-producing poppy seeds before deciding whether to reject them. However, both the shipper and the French Embassy contacted the Egyptian government to point out that the type noted – papaver rhoeas (common poppy) – is a harmless poppy seed found quite often in wheat fields. Any rejection because of poppy seeds could result in international companies refu...
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.
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...