Wheat The Argentine government's intervention made a mess of the 2012/13 wheat campaign. Production was lower than expected and the crop's quality was a surprise. As a result, the government decided to remove some previously approved export licenses, leaving big traders short licenses and long FAS. Exporters covering their short positions in the FOB market are paying unbelievable prices.For the 2013/14 campaign the government decided to release all export licenses beforehand in order to encourage farmers to switch from planting barley to wheat. Despite this, the FOB market remains completely unspoken for. There are a few reasons why. Farmers have not yet begun to plant wheat, so the expected production remains uncertain. Traders are not...
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...
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.