Logistics Due to the second consecutive year of a La Nina-created drought, navigation along the Parana River is a major problem for cargo vessels loading at Argentina’s Upriver ports. The draft is currently 8.13 meters (26.08 feet) at the main loading ports and continues to drop. This has created significant logistical costs and higher completion prices in southern ports. The Rosario Grain Exchange conducted an analysis of vessels that loaded at Upriver ports and concluded they left the ports with an average of 29,084 MT, which is 11 percent below the January 2021 average. A slight improvement in the draft is expected over the next few days, but river levels will remain well below normal. Wheat The interven...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
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.