Russian Grain Markets: 7-11 November 2022 Planting Update Russia’s winter crop is planted, however, due to adverse weather conditions farmers failed to plant about 1 Mha showing only 17.5 Mha versus 18.1 Mha a year ago. In addition to poor weather conditions, farmers who realized Russia has a record crop this year and prices plummeted are possibly looking forward to a new season with a higher margin spring crop. We shall see. One thing is clear, the Russian economy under global sanctions is experiencing difficulties. However, not all major agricultural market players left Russia. There are still many companies who suspended further investment and development but had made massive investments in Russian markets earlier and are not in...
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.