Regional News Poland has temporarily halted the import of grains from Ukraine to mitigate the impact on local market prices. Transit of grain through Poland to ports, however, will still be permitted, according to Poland’s new Agricultural Minister, Robert Telus. “Thousands” of protestors in Romania have blocked traffic and border checkpoints with tractors and trucks in attempt to compel the EU to intervene in disputes about Ukrainian grain entering the country. The protests are similar to ones in Poland where farmers are angered over the flood of inexpensive grain from Ukraine that is depressing local prices. Egypt’s GASC purchased 600 KMT of wheat in its latest tender last week, which was all s...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Dry bulk markets were volatile but ultimately steady this week with notable differences in rate developments across vessel classes. The Capesize sector, which led the recent rally in freight rates with its dramatic surge, pulled back slightly amid more cautious chartering activity, partic...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.