Milling Wheat Pressure in the American futures markets continued to drive world wheat values lower last week, with the exception for Friday’s short-covering rally. Additionally, concerns over the Chinese economy helped pressure wheat prices, despite ongoing worries about the conflict in the Black Sea. European markets are under pressure from competition with Russian values as well as an increase in harvest progress with recent favorable weather after much rain. Quality concerns are rampant across Europe and there is speculation much of the crop will be destined for feed wheat. In the UK, rains continue to slow harvest progress and despite pipeline supplies dwindling, prices remain low, which is further discouraging farm...
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.