Regional News Drought is a growing concern for parts of Europe, especially the southwest countries. The latest crop monitoring report from the EU Commission said that drought has negatively impacted winter crops in the Iberian Peninsula and that rain is needed in Italy, the Balkans, and parts of Romania and Bulgaria. Continued drought could begin to impact winter crop yields in these areas. Fortunately, conditions are generally favorable in France and Germany and crops are in the early stages of development, and so have been less impacted by recent weather. The EU commission reported expectations for winter crop yields on Monday but noted they were largely based on historic trends. Still, the agency looks for a modest reductio...
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.