The markets are bullish and global food prices are rising but stocks of wheat, corn, and soybeans are ample. Over the past 40 years, the world’s population has increased by 70 percent. Over that same period, global ending stocks of corn are up 127 percent, surplus wheat is up 181 percent and while soybeans seem preciously tight right now, ending stocks are up 467 percent. Granted, stocks relative to use tell a different story but in contrast to the past, the world has larger reserves. Notably, the U.S. was a major holder of surplus grain 40 years ago but has ceded that role to the rest of the world, and especially to China. Most democracies do not have centrally planned reserves, though India seeks a similar role. India has not exper...
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.