Wheat Thanks to the recent good weather, Argentina’s wheat harvest keeps moving from north to south and total harvest has reached 15 percent of the area. Yields are coming in below expectations, so the Rosario Grain Exchange again reduced its crop estimation from 14 to 13.5 MMT. Rains arrived late for most of the area and some experienced significant frost during the growing season, so the effects on yields are still large and uncertain. WPI is projecting a 13.5-14.0 MMT crop, mainly trusting there will be good and above average yields in Buenos Aires Province. If yields in this area or part of it fail, then we will have to make further cuts in the total crop projection. The most interesting development of the week was the vo...
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.