Regional News Russia’s new export tax scheme has, according to WPI sources, effectively stopped sales for the spring, and particularly new crop positions. The new tax took effect 15 February as well as the 17.5 MMT quota and the floating tax calculation will start 1 April for all exports from 1 June forward. A moderate warm, dry trend is forecast for western, central, and parts of southeast Europe for the coming week. Black Sea precipitation will be near normal with light precipitation across Ukraine and southern Russia. While European temperatures will be warm this week, eastern Ukraine and most of Russia will see below-normal temperatures. The forecast remains favorable for European winter crops that are already in goo...
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.