Mediterranean/Middle East/North Africa/Africa – MEA Region Lebanon’s 2025 grain crops are expected to be much lower, as much as 25 percent lower for wheat, due to the drought and to local conflict. Rainfall is down by 50 percent in some areas while due to conflict many farmers were unable to work on their farms. Total grain imports are expected to be at 1.3 MMT including 600,000 MT of wheat. Local production is very small with only 70,000 MT of wheat, 18,000 MT of barley and 4,000 MT of maize, all according to the FAO. Oman Flour Mills (OFM) reports that it intends to develop insect protein production for animal feed, part of a program that was first planned in 2022. OFM says that 50 percent of its revenue comes from...
From WPI Consulting
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.