World Perspectives
wheat

Future of EU Wheat

Parts of Europe are again too dry this spring raising worries that the wheat crop will be suboptimal. Indeed, some forecasters say this is the new normal in Europe as a result of climate change. Since Europe is responsible for a fifth of world wheat production, this has implications for global food security.  As can be seen in the graph below, EU wheat production has become more volatile relative to the rest of the world. EU wheat yields are substantially above the global average in part because of generally generous amounts of annual moisture. If rainfall becomes more erratic, there will need for greater investment in irrigation systems, or a shift to more drought tolerant varieties of wheat or other crops.  ...

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Jul 26 Corn closed at $4.635/bushel, down $0.0025 from yesterday's close.  Jul 26 Wheat closed at $6.1675/bushel, down $0.035 from yesterday's close.  Jul 26 Soybeans closed at $11.785/bushel, up $0.0375 from yesterday's close.  Jul 26 Soymeal closed at $319.1/short ton, up $2.6...

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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.

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