News Updates IRAQ IMPORT INSPECTIONS The Iraqi government announced that it has terminated its import inspection program with a Swiss-based inspection company; however, the northern Kurdish region will continue to work exclusively with this company. All other future inspections will be contracted to a number of inspection agencies and lab analysis will be done by six Iraqi government labs. ABU DHABI FODDER IMPORTS In order to protect the local livestock and poultry industries, the government of Abu Dhabi will allow up to 500,000 MT of "high quality fodder" (including concentrates) imports. According to the government, this move will not only increase supply but will also improve animal health and, as a by-product, reduce the water consu...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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.