World Perspectives
wheat

WASDE Wheat

WHEAT: USDA reduced 2022/23 ending stocks slightly as larger domestic use more than offsets higher beginning stocks.  The season-average farm price is unchanged at $9.10 per bushel.   The 2022/23 global outlook is for increased supplies, exports, consumption, and stocks.  World supplies are raised 1.3 million tons to 1,058.1 million on production increases in Ukraine and the EU. Projected 2022/23 global ending stocks are raised 1.1 million tons to 268.4 million, with increases for the EU, Ukraine, Kazakhstan, and India more than offsetting declines in Saudi Arabia and Iran.  ...

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WPI Crop Progress and Conditions App (Updated 28 July)

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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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