Low levels of precipitation are affecting South Africa's intended maize plantings for 2016 as well as those of Zambia. With farmers in both countries expected to switch some of the land to oilseeds, the levels of maize imports are forecast to grow. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS With the lifting of sanctions against Iran, the question now concerns where that country will be buying any future grain/oilseed/protein meal requirements. In recent weeks, European reps of international grain companies have made many trips there. Thus, it can be certain that the methods of doing more business in Iran have been worked out in great detail. Of course the sanctions removal will not guarantee that conducting business will be much...
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.
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...