The wheat market in Romania and Bulgaria remains very quiet as farmers are not selling at current market prices. They are still holding a large volume of stocks in the hope of higher prices later in the campaign. Meanwhile, there has been a change in the planting situation. Milling Wheat The Black Sea market is slightly firmer, and Russia’s domestic market prices are higher as a result of the strengthened ruble and slow farmer selling.The EU allocated 423,000 MT of wheat export licenses last week, bringing the total to 6.8 MMT versus 5.8 MMT at the same time last year.The market in Romania and Bulgaria remains very quiet as farmers are not selling at current market prices. They are still holding a large volume of wheat in the hope of high...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
Inflation is back in the driver’s seat, and agriculture is getting pulled in two directions. A stronger dollar is pressuring grains despite fresh Chinese buying, while renewed Middle East attacks lift crude oil. Higher energy prices can support commodities, but they also raise expenses an...
Regional News European grocery stores have been targeted by cybersecurity attacks this week, with major retailers in France and the Netherlands affected. In France, major grocers, including Carrefour, Intermarché, and Coopérative U, all suffered attacks in which freezer and...
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.