Wheat Argentina’s wheat planting is 97 percent complete across the 6.5 Mha to be seeded. Weather conditions have been unfavorable recently with no rain and frosts causing wheat conditions to deteriorate. The good/excellent rating fell 7.4 percent from last week to 47.6 percent while moisture conditions fell from 64.9 percent good/optimum to just 56.6 percent. The new data means 43 percent of the crop is growing under normal or dry conditions. Fortunately, the crop is just starting its development and weather is not critical for the current growth stage. Consequently, it is far too early to speculate on yield losses or any other impacts on the final crop. However, the market needs to closely watch rainfall patterns in the...
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.