Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Sri Lanka will benefit from a program by Thailand and the United Nations to supply quality maize seed to help with increasing food security – the maize will be used in the livestock industry when harvested. 2,900 farmers are expected to be supplied with hybrid maize seed. Pakistan reports current wheat stocks at 5.8 MMT. Wheat stocks had reached a high of 10 MMT during 2022 but releases of 4.23 MMT have brought stocks down. Government agency PASSCO holds 2.2 MMT of the stocks with 2.6 MMT being on hand in the Punjab. Yemen has been given wheat export priority by India which should increase wheat shipments to Yemen from India and help improve Yemen&rs...
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.