News Updates MOROCCAN AGRICULTURE A report issued last week is quite bullish Morocco's agriculture, although grain imports will have to continue at high levels. The 2011/12 wheat crop is expected to be very good, but this will not be enough to cover all country needs; however, 2012 wheat imports should drop to about 3 MMT from close to 4 MMT last year. Over the next three to four years, the country's total consumption of wheat is expected to grow by about 14 percent, which looks to be much faster than local production can cover. Even with low-priced wheat from the Black Sea, the EU is still projected to provide in excess of 60 percent of Morocco's wheat needs and even more so for durum wheat.On the feed grain side of things, the poultry i...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.