Russian Grain Markets: 21-25 November 2022 The feature of the week remains the same – extension of the UN humanitarian Black Sea corridor under UN auspices with Turkey being the guarantor of the transaction. While Ukrainians are complaining about terrible delays with Russian inspections and huge vessel lines in the Bosporus, Russians are celebrating a victory where some officials are declaring that the extension of the grain deal includes other Russian interests. It is hard to guess if there is a real deal or just wishful thinking on Russia’s side, however, they are not missing any opportunity to promote their issues. One of those issues is lifting western sanctions from RosSelkhozBank (Russia’s largest agricultural bank...
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
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.