Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Afghanistan is facing a severe infestation of Moroccan locusts in the expected biggest outbreak in 20 years. Up to 25 percent of the current wheat crop, as much as 1.2 MMT, is said to be at risk. The locusts are expected to consume crops due to the drought related limited pasture while locust control programs have not been implemented. Tunisia is reported to have increased its purchase price of durum wheat from farmers by about 8 percent to $459.50 MT. Local durum production has been hard hit by drought and will be down by about 500,000 MT to only 200,000 to 250,000 MT. Egypt’s Agricultural Bank reports it has received the first wheat of...
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.