Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Pakistan’s wheat harvest of 27.5 MMT this year is still about 2.6 MMT short of the country’s consumption. Some imports have been made but there is still concern that there will be wheat/wheat flour shortages. Also, imported wheat is priced at about 50 percent more than the government’s local wheat support price. Critics have said that the government needs to increase its wheat support price in order to attract all available wheat from farmers. Turkish President Erdogan intends to visit Russia “soon” to discuss what must be done to reinstate the Black Sea Grain Corridor. New reports say the meeting is set for 8 September. Turkey...
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.