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Thailand Rice Exports

Thai government official Anucha Burapachaisri said the target for rice exports has been raised to 7.5 MMT. The official cited both higher domestic production, and a rebounding global economy that has elevated the value of rice. In truth, Thai rice exports are highly correlated to production, which is just now returning to the output level of five years ago.  Production has been hampered by weather and other factors. Rice exports are most strongly correlated to the country’s yield, and that nosedived in 2019/20 and has now rebounded, though not to the level seen in 2017/2018. The government says it will improve rice breeding to regain the country’s position as the world’s largest rice exporter.  ...

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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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