Effects of Russia’s Invasion The war between Russia and Ukraine is beginning to affect Argentina’s spot market and WPI looks for these impacts to continue. The fact that both Russia and Ukraine are major corn and wheat exporters - and competitors with Argentina - is affecting spot markets for these commodities around the world. In the medium term, rising crude oil prices will work against Argentina's policy of subsidizing gasoline. The gap between oil prices and gasoline is set by the government for local refineries. With the international price for oil rising, the government is finding it increasingly difficult to keep by-product prices under control. A similar event is occurring with liquified natural gas (LNG), a product a...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.