Africa’s Opportunity Africa has been dependent on Russia for cheap wheat and on China for foreign direct investment. Now the U.S. and Europe are stepping up competition for the Continent’s resources and people. President Biden hosts 50 African leaders later this year and some believe the energy shortage will rekindle Europe’s interest in investing in African energy projects. WTO Director General and Nigerian-American Ngozi Okonjo-Iweala is encouraging stepped up efforts to expand trade and build supply chains in Africa. With the West, China and Russia all competing for Africa’s attention, it is an opportunity for Africa to play off this competition. Progress on the Continent is slow, but it is progressing. The chall...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.