Regional News Egypt reiterated plans to achieve self-sufficiency in wheat supplies for the country’s subsidized bread program by 2028, although the target remains ambitious given current production and consumption dynamics. Egypt consumes approximately 21 MMT of wheat annually, with roughly 8.6 MMT allocated to the subsidized bread program. The government aims to narrow the deficit through expanded cultivated acreage, improved yields and broader adoption of modern agricultural technology. Authorities have also raised domestic procurement prices in an effort to incentivize greater wheat planting. Egypt’s government wheat procurement targets for 2026 are set at 5.0 MMT, with official purchases estimated at 1.39 MMT to date. Egypt&...
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.