Regional News European weather patterns remain widely favorable for crop development, but two exceptions are noted. The first is that Spain and Portugal remain locked in drought with no relief forecast for the next two weeks. Spanish winter crops are in disarray and higher feed grain imports are forecast. Some estimates say 60 percent of arable land has been impacted by the drought, or about 3.5 Mha. The second issue is that the UK is slated for continued rains in the next two weeks that, while not abnormally heavy, could continue to delay spring planting progress. Spring barley planting in Scotland is delayed but the seeding effort is progressing normally in England. Egypt’s GASC secured 35 KMT of sunseed oil at a price...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...