Regional News Ukraine’s spring planting has reached 13.182 Mha, 78 percent of the expected acreage. Of that, 4.553 Mha were sown to corn (83 percent of expectations) and 4.574 Mha were planted to sunflower seeds (70 percent of the expected area). South Korea’s POSCO International announced the firm intends to import grain from Ukraine via land routes from the western portion of the country. Algeria purchased 90 KMT of wheat at $480/MT CNF for July-August delivery last week. Milling Wheat EU and UK wheat futures followed the CBOT’s selloff last week, falling €26/MT and £21/MT, respectively, last week. The week’s declines came amid rumors and discussions of Russia allowing Ukrain...
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.