Wheat: Net sales of 367,500 metric tons (MT) for 2020/2021 were down 31 percent from the previous week and 23 percent from the prior 4-week average. Corn: Net sales of 1,831,600 MT for 2020/2021 were up noticeably from the previous week and up 21 percent from the prior 4-week average. Soybeans: Net sales of 2,225,500 MT for 2020/2021 were down 14 percent from the previous week and 18 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 321,900 MT for 2020/2021 primarily for Mexico (127,800 MT, including decreases of 500 MT), the Dominican Republic (36,700 MT, including decreases 200 MT), unknown destinations (32,000 MT), Colombia (31,300 MT), and China (20,000 MT), were offs...
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.