It is being suggested that most of South Africa’s possible 3 MMT of maize exports this year will be used in East Africa, although some countries there will restrict entry as they are mainly GM. A new report has named four potential target destinations for the maize if it cannot all be sold in that region. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Comments in Russia indicate that as much as 500,000 MT of wheat from the government’s grain stockpiles could be earmarked for Syria. However, there has not been any suggestion that this would be a donation like the 50,000 MT sent there earlier in 2017.To help Egyptians deal with the very high inflation levels, the government has announced discounted income tax rates, bonuses for state...
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.