Turkey’s wheat production should reach 19.5 MMT in 2015/16, according to the latest USDA-FAS report on that country. However, that volume could drop to 17.5 MMT for 2016/17 and cause imports to rise. Meanwhile, decreases are also forecast for its barley and corn production. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt’s local what harvest is underway, and the government has started receiving stocks against its purchase target of 4 MMT. This target could of course be easily exceeded as it was last year when approximately 5.3 MMT were bought. Meanwhile, the government believes that it has enacted adequate safeguards so that the wheat purchased will be locally grown and not lower-cost imports slipped into the domestic market. I...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.