Russian Grains Markets: 27 June-1 July 2022 Russia continued harvesting grains and it seems like the 2022 crop will be very close to a record. Russian Grain Union is expecting 84 MMT of grains according to Akradiy Zlochevsky, the head of the Union. The most recent forecasts showed 122 MMT of grains, including 80 MMT of wheat. The historic record of grain production was in 2017 when production was 135.5 MMT of which 86 MMT was wheat. The indicators of the previous year were 120.7 MMT of grains of which almost 76 MMT was wheat. The Russian government is even more optimistic about the crop and believes it could be as high as 130 MMT of which wheat (87 MMT) will break the previous wheat production record in country. Maybe the Russian govern...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
In agriculture and food processing, we think a lot about infrastructure: transportation and storage, processing and packaging, distribution and delivery. It is a physical system of roads, railroads, and rivers; concrete and steel storage; processing plants, warehouses, and machinery; and, event...
Key Takeaways: The Panama Canal’s draft restrictions and decreasing rainfall outlook are driving big moves in dry bulk markets this week. Panamax markets are sharply lower as the economics of moving freight across the Canal are deteriorating rapidly, leading to support in Supramax vessels...
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.