Today’s WASDE report changed the picture for oilseeds but in an underwhelming fashion. For those betting that suboptimal U.S. weather this past growing season would reveal its toll, there was disappointment. Total U.S. oilseed production was reduced 0.186 percent and then only because the slight increase in soybean production was not enough to offset reductions in the smaller oilseeds. The reductions understandably occurred in the Dakotas and USDA says it will resurvey farmers this spring in five states with some residual un-harvested crops. The report was also slightly bearish from a global standpoint. There has been suboptimal weather in South America, but USDA is not ready to make reductions without clear evidence and given the pe...
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.