Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Jordan has begun shipments of grain to the West Bank as part of its 45,000 MT donation of wheat and grain. Bangladesh grain imports for 2023/24 are seen by the FAO as 6.1 MMT of wheat and 2.1 MMT of maize. Local production of maize is seen steady at 4.7 MMT with wheat also steady at 1.1 MMT. Pakistan’s grain traders reportedly booked a total of 1.3 MMT of wheat for 2023 importation with as much as 600,000 MT already received. Twenty-five more shipments of wheat are expected to arrive before the end of 2023. Pakistan officials report wheat reserves of 6.9 MMT which it says will meet all needs up to May 2024. Egypt’s shortage of U.S. doll...
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.