World Perspectives

Risky Trade; Reassessing China

Risky Trade How much Ukraine produces, and exports are critical questions for global agricultural markets. With its own Black Sea ports blocked, some grain and oilseed products have moved westward via challenging logistics. Comvex, which operates the Romanian port of Constanta says a cargo of over 71 KMT of Ukrainian corn loaded this week, the first since Russia invaded Ukraine. And Bulgaria has offered Ukraine the use of its port of Varna, though that may require reviving Soviet-era railroad tracks. Either way, the risk to these shipping routes is the fact that Russia controls the Black Sea. This means any meaningful shipments could easily be harassed by Russian warships.   Reassessing China As the Soviet Union dissolved and C...

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Market Commentary: Grain Futures Buying Demand; Livestock Futures Buying Time

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European Revival; The Worm Turns

European Revival The transatlantic relationship is rapidly evolving and the story is told by some recent headlines… The U.S. has already swamped Europe with its technology and now it wants to own the EU’s energy market as well.  European diplomats in Washington message the Tr...

soy-oilseeds wheat

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Beans to Storage China is carrying out its annual purge of stored soybeans, selling them at around a half million tons per week over two months at auction. The amount of market discount depends more on quality, which is better than a few years ago when the need for stock rotation was newly appr...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Futures Buying Demand; Livestock Futures Buying Time

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European Revival; The Worm Turns

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Farmer Bridge Assistance Program Early Details

The USDA will base the $12 billion in farmer payments it recently announced under the Farmer Bridge Assistance (FBA) program on 2025 planted acreage. The department announced that acreage reports, as of 19 December, by 5 p.m., should be “accurate.” Payment rates will be announced th...

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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.

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