General Comments In the short term grain and soy markets are contending with two main sources of influence: weather and demand. The weather factor consists of the huge winter storm now underway over the Rocky Mountains, the Plains and Western Midwest. The southern reaches of the storm are experiencing rain, but today and Thursday most of the areas involved are facing a heavy snowfall that will be blown around by strong winds. Snowfall of 12 inches will be common in Colorado, Oklahoma, Kansas, Nebraska and South Dakota. For many parts of the drought-parched region this will be the first significant precipitation in 5-6 months, and as such will be most welcome. Unfortunately, weather models project this storm as a one-time event rather tha...
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 Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...