Regional News Ukraine’s 2022/23 grain exports now total 37.638 MMT, including 5.341 MMT shipped in March. The volume includes 12.88 MMT of wheat, 2.28 MMT of barley, and 22.16 MMT of corn. Bulgaria, Romania, and Poland are set to receive €56 million in compensation from the EU related to damages caused by Ukrainian exports on local markets. The awards are based on the impacts from Russia’s attacks on Ukraine and the partial loss of Ukrainian exports through the Black Sea. The EU Commission proposed to allocate €29.5 million to Poland, €16.75 million to Bulgaria, and €10.05 million to Romania. The three countries can match the level of EU Commission-provided funding without violating market suppo...
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.