Regional Update Ukraine: Planting According to the Ministry of Agriculture, as of 24 March, in 11 regions of Ukraine, spring grains and oilseeds were planted on 150,000 ha out of 5.99 Mha planned (-1.689 Mha compared to the previous year). Specifically, spring wheat was planted on 22,500 ha (157,400 ha forecasted), spring barley was planted on 74,800 ha (1.037 Mha), spring rapeseed was planted on 1,600 ha (23,900 ha), sunflower seeds were planted on 2,200 ha (4.811 Mha), soybeans were planted on 2,000 ha (1.041 Mha). As for winter grains for 2022 harvest, according to the latest update, they were planted on 7.7 Mha including winter wheat (6.5 Mha) and winter barley (1 Mha). Winter rapeseed was planted on 1.024 Mha. Ukraine: P...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
In agriculture and food processing, we think a lot about infrastructure: transportation and storage, processing and packaging, distribution and delivery. It is a physical system of roads, railroads, and rivers; concrete and steel storage; processing plants, warehouses, and machinery; and, event...
Key Takeaways: The Panama Canal’s draft restrictions and decreasing rainfall outlook are driving big moves in dry bulk markets this week. Panamax markets are sharply lower as the economics of moving freight across the Canal are deteriorating rapidly, leading to support in Supramax vessels...
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.