Regional News Recent swings in temperatures across the EU could leave winter crops weakened and more vulnerable to damage. EU winter crops have escaped significant damage so far, thanks to a warmer-than-average winter, except for an early December cold spell. Temperatures in recent weeks have started to cool down, which is generally good for crops but earlier warmth brought plants out of dormancy. The exit from dormancy combined with the cooling trend heightens the risks for crops heading into the last few months of winter. Forecasts for Russia’s 2022/23 wheat exports continue to increase with Rusagrotrans predicting 46 MMT of exports this year. Consultancy SovEcon’s estimate is slightly lower at 44.1 MMT, but up f...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...