Hurricane Dorian and Pigs After hammering the Bahamas, Hurricane Dorian is headed to the Carolinas, threatening the hog and broiler producers in its path. In preparation, North Carolina is suspending trucking weight limits to transporting ag commodities, and Georgia temporarily suspended the need for veterinary certificates for the transport of animals as part of the evacuation (the suspension does not apply to movement or shipments within the state not related to hurricane evacuation). Dorian is expected to bring 7 to 10 inches of rain and 55+ mph winds to a key pork production area around the Wilmington area. North Carolina is home to about 12 percent of hog production and approximately 10 percent of processing capacity. It was just a y...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...