According to the latest Short-term Outlook from the European Commission, the agrifood sector on the Continent has been impacted by the economic shock, lockdown measures and uncertainty in similar ways to its American counterpart. Both have suffered less than other sectors of the economy. Maintenance of the just-in-time delivery chains has been damaged as consumption shifts from HRI to retail. The lockdown boosted demand for staple foods. The economic recession will impact demand, as will the asymmetry of the global geographic impacts. Higher value food products are impacted more, with dairy and beef currently hurting. Oilseeds are hurt by the drop in biofuel use. Unlike during the last crisis in 2010, there is no shortage of grains a...
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.