World Perspectives

BRICS Grain Exchange; EU Policy Foibles; Yen Implosion

BRICS Grain Exchange Russia is reportedly pushing other BRICS members to use the bloc as a grain exchange in competition with the West. The assertion is that these countries already control 42 percent of the grain trade. Add the new members like Egypt, Saudi Arabia, Iran and the UAE, plus others that now want to join and there is dominance in petrochemicals and other industrial commodities. The contention is that the bloc would be more competitive but that is not a given. The commodity trade regardless of nationality or trading bloc is already highly competitive. Russia sells wheat at rock bottom prices and growers in Australia, France or Canada will always be a check on how high the BRICS could take prices. There is also the idea of a BRI...

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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.

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