This late spring will result in fewer corn acres across the Northern Plains. North Dakota, for example, was expected to plant 2.95 million acres of corn in 2014, down from 3.85 million acres last year. Just 3 percent of the state's intended corn acres were planted as of 11 May. Earlier Concerns of Fertilizer Spot Shortages Now Subsiding There was genuine concern heading into the spring planting season that there could be spot shortages of fertilizer. That was the result of the logistical problems coupled with phosphate production issues in Canada, similar logistical issues in the U.S. and the late opening of the upper Mississippi River. The one benefit of this awful spring planting season, especially across the northern Corn Belt and Nort...
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.