Long-time clients know that every so often we dust off that old and cliched law of market economics that declares, "the best cure for high prices is high prices." Everyone who deals with goods or services, the value of which changes in relationship to their supplies and the demand for them, has experienced the ability of prices to alter the volume of goods and services available as well as the volume of demand. This is true for raw materials and manufactured products. The prices that manufacturers and sellers of such items as automobiles, appliances, clothing and food products are willing to accept is a clear reflection of how their supplies of the products stack up against the demand for them. Lawyers, doctors, accountants, consultants a...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.