World Perspectives
wheat

WASDE Wheat

Wheat – USDA left U.S. wheat supply and demand outlook unchanged.   The 2020/21 global wheat outlook is for higher stocks - supplies were raised 3.3 million tons as higher production in Australia and Canada more than offset a smaller crop in Argentina. On net, global 2020/21 production is raised 4.5 million tons to a record high 770.5 million. Projected 2020/21 world ending stocks are increased 2.6 million tons to 319.4 million to a new record, with China and India accounting for 51 and 10 percent of the total, respectively.   The projected season-average farm price remains at $4.50 per bushel.   ...

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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.

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