Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA COMMENTS Iran remains the largest regional buyer of Indian soymeal (soybean extract). A total of 130,000 MT was shipped to MENA in the April/December 2019 crop period with just over 87,000 MT going to Iran. However, Iran’s imports are down by 74 percent from 2018 level of 224,600 MT with the regional total down by 60 percent -- from 347,600 MT to 140,000 MT (includes rapeseed meal). Industry sources say that Indian exports are unable to compete on price with South American prices. Total soymeal exports to all countries are down by 46 percent from 924,000 MT to 503,000 MT. Lebanon is looking to secure as much as $5 billion in financing to enable it to buy wheat, fuel and medici...
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.