Weaponizing Trade Using trade to influence geopolitical outcomes is not new but its use has intensified. While some might use the U.S. as the cause of its escalation, the American reaction is more of a lag effect to pre-existing conditions. Australia and now Canada can attest that China’s...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s government purchased 3.93 MMT of local wheat from this year’s harvest an increase from last year’s 3.43 MMT purchase. The government had originally targeted a very enthusiastic 5.0 MMT. The local wheat ha...
Beef packer margins improved for the second straight week, adding more than $100/head to profits thanks to record highs in the beef market. Margins remain deeply negative, however, which will be a concern for cattle markets going forward. One encouraging factor is the broad-based strength acros...
The CBOT started the new week on a mixed note with wheat and soybeans turning lower while corn strengthened for the fourth straight day. Technical action was mixed as funds covered corn shorts but expanded bearish positions in wheat and, to a lesser extent, the soy complex. Fresh news was light...
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.