Sorghum is a minor crop, logging in just 5 percent of the global production of its close cousin corn. This is in large part due to its lower yield and more challenging processing. Yet it is more drought tolerant and readier for climate change than many other row crops. The U.S. is its largest producer and exporter, though it is volatile and has been trending downward. Argentina is the crop’s number eight global producer and number two exporter. Despite not even producing amongst the top 10, Australia is the number three sorghum exporter. Most of the top sorghum producers (Africa, India, China) tend to consume what they produce. Sorghum imports bounce around with the supply available. Steadier production and availability might m...
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.