Regional News All eyes are on the Black Sea grain export deal, which is set to expire today, 17 July. Russia refused to extend the agreement early Monday and, as of this writing, there has been no further news of talks or negotiations. For all practical purposes, the deal can be considered expired. Insurers are reportedly considering whether to freeze coverage for vessels currently waiting to sail to Ukraine. So far, grain markets have shown little concern for the deal’s expiration, believing that supplies from Russia and the EU – as well as Ukrainian exports via the Danube River or rail systems to northern Europe – will be sufficient to meet global demand. The weather remains a concern for the European...
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.