Regional News Insurance companies involved in offering policies for Russian oil traversing the Black Sea have increased premiums by 1 percent to 1.2-1.25 percent in response to Ukraine’s recent attacks on Russian vessels. Ukraine’s Ministry of Agriculture said that the “majority” of Ukrainian farmers do not plan to significantly change the area sown to winter crops this year. Forty-five percent of farmers reported planning to not significantly reduce planted area while 38 percent said they expect to increase plantings and 14 percent said they do not plan to plant winter crops. The share of farmers not planning to seed winter crops is in line with the normal rate of about 20 percent who skip the winter 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.