On Monday, President Biden signed an Executive Order (E.O.) that amends E.O. 13851 (Blocking Property of Certain Persons Contributing to the Situation in Nicaragua). The goal is to “limit the outsized financial benefits of certain trade from flowing to the Ortega-Murillo regime, as warranted…This could potentially include restrictions on both imports into the United States from Nicaragua and exports from the United States to Nicaragua.” Washington views Manuel Ortega as an autocrat and is especially upset that Nicaragua is one of just four nations providing proactive support to Russia’s war in Ukraine. Russian military assets have been moving into Nicaragua and the goal is to send a tough message. The U.S. has only...
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.
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...
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is reported to have finalized the purchase of 270,000 MT of wheat, including 220,000 MT of U.S. wheat. The U.S. wheat is priced at $322/MT, with an additional 50,000 MT of wheat at $297.90/MT through an international te...