Regional News Russia’s ongoing attempt to take over Ukraine continues to drive Black Sea, European, and global grain markets. Ukraine’s export ports will remain closed until the conflict is resolved and maritime trade can continue peacefully. The EU Commission has received an official request to allow the import of GM corn to help relive high feed grain prices created by the Black Sea supply shortage. Egypt cancelled a recent wheat tender due to high prices and few offers received. French wheat was reportedly the cheapest offer received at $429.22/MT CNF. Hungary’s government has suspended exports of all grains due to rising prices caused by Russia’s war with Ukraine. The country is a majo...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.