World Perspectives
wheat

China Hoovering Up Wheat

China made a rare purchase of U.S. wheat and is on track to make record overall purchases this year. Domestic consumption of wheat has been growing at a 2.6 percent annual rate at the same time domestic production is increasing by 0.66 percent. Exacerbating the situation this year is excessive rains reducing part of its crop to feed quality. Now it needs more imported milling quality wheat to blend up its supplies.  One question is why the wheat is being largely sourced from the West? Australia is logical due to its proximity and has supplied about 60 percent of its imports thus far. Now China is reportedly looking to the U.S., Canada, and France. Russia is the logical supplier based on their geopolitical alliance, and Moscow claims t...

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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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