Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS The latest USDA-FAS report on Turkish grains indicates that better rainfall through February 2019 versus the two previous years should result in higher crop yields, although winter crops may not be up overall due to the smaller planted area in late 2018. For wheat, 2018/19 production is expected to total 19.MMT with wheat imports at 5.5 MMT and wheat/flour exports at 6.5 MMT, and all are expected to remain at the same levels in 2019/20. Meanwhile, barley production is projected to reach 7 MMT in 2018/19 and then increase to 8 MMT in 2019/20 (Turkey does not import or export barley.) Looking at corn, the forecast has production at 5.7 MMT and imports at 2.2 MMT in 2018/19 with a drop to 5...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.