Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Pakistan’s government has increased the wheat demand estimates for 2021 by 2 MMT to 29.5 MMT/yr. If this revised estimate is correct, it will probably mean another wheat crisis for the country with wheat imports of as much as 3 MMT needed. However, there are some comments that production in 2021 may be higher than initial forecasts which may reduce wheat import needs to about 1.5 MMT. The Jordan Agriculture Ministry and the Royal Jordanian Air Force are “taking action” against desert locust swarms on its border with Saudi Arabia and Iraq. Spraying of swarms is being done in a wide area. The USDA-FAS office in Amman Jordan has reissued its Jordan Grain and Fe...
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.