Wheat - USDA’s April 2025 estimates are for increased U.S. wheat imports by 10 million bushels to 150 million - the largest since 2017/18. Domestic consumption is forecast 2 million bushels lower on reduced seed use. U.S. wheat exports are lowered 15 million bushels to 820 million. As a result, projected 2024/25 ending stocks are raised 27 million bushels to 846 million, 22 percent above the previous year. The season average farm price is unchanged at $5.50 per bushel. Global wheat stocks for 2024/25 are the lowest since 2015/16. ...
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.