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...
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.