Wheat In the last two weeks, amid drought and sunny, warm weather, Argentina’s wheat harvest moved fast and reached almost 90 percent of the planted area. The crop is still estimated between 21.5 to 22 MMT and could increase if yields in the south exceed their average volume. Since the government determined an “equilibrium volume” of 12.5 MMT of wheat exports for the year, exporters have registered 1.6 MMT in just two days. With this added volume, total declarations hit 11.23 MMT, which represents 90 percent of the exportable surplus. From now until exports reach 100 percent of the “equilibrium volume” exporters can only register with grain that is already bought and against a nominated vessel that will...
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.