Regional Updates The coronavirus has hit the grain business with the Global Grain Asia conference in Singapore being postponed for at least three months. The conference is expected to be held in late June rather than early March 2020. MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA COMMENTS Egypt has extended its 13.5 percent maximum moisture level for wheat until April 2021. They say this has been done so that Egypt can “diversify its import origins”. The final wheat planting number from Egypt is for 1.34 million hectares. The final number is about 9 percent lower than the government’s original planting estimate. Egypt’s Cairo Poultry has accepted an offer from Cairo3A for the purchase of all the Cairo Poultry and Ameri...
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.