Mediterranean/Middle East/North Africa/Africa – MEA Region The 2025 dates for Ramadan are estimated to be 28 February until 30 March. The actual dates will depend on the location of each country. Egypt’s government hopes to increase its local wheat purchases in 2025 by 11 percent to about 4 MMT. Total wheat consumption in Egypt is seen at 20 MMT for 2025 with imports accounting for about 14 MMT. Bangladesh reports that wheat plantings are down by 8 percent for 2024/25 as farmers switch to more profitable crops, like maize and potatoes. Total wheat planted area has dropped by 35 percent since 2016 while maize planting continues to increase, driven by increased animal feed demand. Turkey’s rainfall at the end of 2024 and the...
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.