Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Pakistan’s Economic Coordination Committee has approved the importation of 3 MMT of wheat for strategic stocks. Tenders will be issued by the Trading Corporation of Pakistan with importation by PASSCO, the government storage agency. The latest government estimate for wheat production is at 26.04 MMT. Pakistan is reportedly offering export corn at prices about $20/MT lower than prices from India. According to numbers from France Export Cereals, Morocco’s grain imports to the end of May 2021 are soft wheat 4.05 MMT, hard wheat (durum) 1.27 MMT, barley 520,000 MT, and maize at 2.86 MMT. Sixty percent of the imports are through Casablanca port, on the Atlantic, Jorf p...
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.