Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Morocco is forecast by USDA-FAS to be importing about 4.5 MMT of wheat in 2021/22 – down from 5.4 MMT in 2020/21. The drop is due to the greatly increased wheat production, up from last year’s drought affected production of 2.6 MMT to this year’s forecasted 7.5 MMT. Due to the much better production levels, the ending stocks number for wheat is expected to more than double to 2.4 MMT. Barley too will show a much better production level, jumping from 640,000 MT to 2.8 MMT while imports drop by 200,000 MT to 300,000 MT. The barley use in animal feed will increase by 1.1 MMT to 1.7 MMT due to barley availability. Morocco wheat imports will “officially&rdqu...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in...
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.