Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Egypt has seen very unseasonal rains recently and there is concern that the local wheat crop may be damaged due to flooding in many areas. The complaints and worries about rain are not country wide as some agricultural products, like alfalfa, garlic and olives benefited from higher rainfall. Iran reports that the country’s largest import in the first nine months of the 2019/20 Iranian year has been 5.92 MMT of corn, valued at about $1.48 billion. Pharmaceuticals and medical equipment were second on the import list. Also in Iran, according to the FAO, wheat production is expected to increase from the current level of about 13.6 MMT to 15.4 MMT over the next 10 years. Pa...
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.