Wheat There are interesting dynamic’s with Argentina’s old crop wheat. The first is an escalation in demand, not only from Brazil but also from various African countries. With supplies limited due to government restrictions and booming demand, FOB prices started to rise. The May/June Upriver 11.5 percent protein positions rose about $15/20/MT during the first two weeks of April. Then the biggest increases occurred with an additional $35/MT rally in the last two weeks. Consequently, May shipment went from $375/MT to $435/MT while June went from $385 to $440/MT. In the middle of these increases, there was good volume traded in the FOB market to multiple destinations, but Brazil was always in the lead. At the end of last we...
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.