In 2019/20 Russia will again be the world’s largest wheat exporter. This will be the third year in a row that Russia can claim that title. For those of us who can remember the 1970’s when individual sales of 1 MMT or more of U.S. wheat to the Soviet were not uncommon, this represents quite a change. In hindsight it should not be a total surprise. Russia has about 10 percent of the world’s arable land almost all of which is quite suitable for wheat production. The breakdown of the old and inefficient Soviet collective farm system paved the way for improved agronomic practices, higher quality seeds and private farm ownership and management. Russian farms range in size from small units to huge operations, all of which are fo...
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.