Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Abu Dhabi’s Al-Ain Mills has signed an agreement with the government of Sharjah to mill the countries local wheat production. The flour that will be produced is said to be of the “highest standard”. Al-Ain’s mill can mill up to 320 MT of wheat per day. Sharjah’s local wheat production quantity was not specified. Egypt’s Central Bank deposit interest rate was increased to 18.25 percent with the lending rate at 19.25 percent – these are bank to bank rates. The bank hopes that higher interest rates in the market will help to control inflation – the core inflation rate was at 40.3 percent per annum in February. Du...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.