Russian Grain Markets: 28 Novermber – 2 December 2022 With the UN humanitarian corridor back in place, Russia is reportedly procrastinating with inspections in the Black Sea thus creating a line of international vessels in the Bosporus straight. This is causing Ukraine and the world problems in food delivery and making it difficult for Ukraine to export its agricultural commodities surplus. It also gives Russia a preference in winning wheat tenders globally as Russian vessels do not have to be inspected and can leave Black Sea ports faster. Although Russia has a record grain crop and a good oilseeds crop, thanks to good weather conditions, some Russian farmers are complaining about margins and increased input costs. Due to imp...
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.