As noted yesterday, global wheat consumption has been growing faster than the expansion in production. Sometimes it takes non-agricultural researchers to look at an issue in a different way. Petroleum engineers at the Colorado School of Mines studied global areas where the loss of sub-surface supports are causing the surface areas to collapse. They identified a stretch of Southwest Asia, Southeast Asia and the North China Plain where the occurrence of subsidence is particularly acute. However, the areas impacted are not from the removal of underground petroleum reserves but rather the loss of ground water. The issue is particularly problematic for Iran where wheat production year to year is quite volatile. Output dropped 2 MMT this ye...
There was heavy volume exiting soybeans, which dragged down the broader market today. The lack of a specific Chinese buying commitment for soybeans undermined speculators who had placed bets on state-directed trade. But even the Chinese do not totally ignore market fundamentals. They may still...
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.