Major wheat exporters have a tremendous opportunity if they can take their advantage. India was thought to be in the catbird seat. Production was going to be up 1.6 percent but the exportabe surplus would be up 200 percent, until it wasn’t. Dry heat shrunk the crop and now there are export restrictions. Australia for once escaped its frequent drought conditions and produced a respectable crop. Exports will be up from 11.7 percent of world share last year to 13.7 percent this year, but under its potential. The Aussies blame a lack of truck drivers, clogged ports, and limited rail capacity, the latter bid up by steadier coal and iron ore export supplies. Worse for Australia’s future potential, fertilizer is imported and exp...
What You Need to Know Today: Record biofuel demand continues to support soyoil values, as EIA data show that May soyoil usage as a biofuel feedstock reached a record 1.434 billion pounds. The latest data reinforces the strength of renewable fuel demand and helps explain ongoing investment in a...
What You Need to Know Today: The U.S. and Iran resumed missile strikes after a brief pause in fighting, raising concerns that the five-month conflict could expand across the Middle East. Jordan intercepted Iranian missiles, Kuwait reported a fatal strike, and drone attacks damaged two natural...
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.