Russian Grain Markets: 25 – 29 July 2022 Russia’s harvesting campaign continues. The latest forecast for wheat production in Russia is 90 MMT. Wheat exports are expected to beat all previous records and may exceed 42.5 MMT with overall grain exports estimated at 55.4 MMT. However, milling wheat quality this season leaves much to be desired and 12.5 percent protein is hard to get. It is expected that high protein wheat will be in demand and Russia will come up short while 11.5 percent will be readily available. The key factors on the Russian grain market remain unchanged. Although the blockade of Ukrainian Black Sea ports is beneficial for Russia as it remains the largest and the only trader of wheat in the region, Russia signe...
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...
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Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.