Originally, a tropical South American plant, there are plenty of different names for the popular oilseed most commonly called groundnut, goober, and peanut. The name peanut then serves as an adjective meaning small or paltry, amongst others. But global production and consumption is not small, and it is getting bigger. It has expanded by 23 percent over the past 10 years with large increases occurring in India and somewhat smaller producer Argentina. Other large producers include the U.S., and the largest producer at over 37 percent of the world’s crop, China. The consumption of peanut butter in the U.S. rose last year as Americans quarantined at home. Its nutritional value is a real advantage, along with the higher smoke point...
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...