Regional News The renewal of the Ukraine export corridor deal is seen as increasingly in jeopardy as rhetoric and military resource offers from Western officials continue to escalate. Analysts speculate this could prompt Russia to look for a way to retaliate on the global economy, especially as pressure ramps up on Brussels to increase efforts to block Russian exports. Russian officials have yet to offer statements relating to the country’s intent to renew the agreement. Consultancy APK-Inform pegged the Ukrainian grain crop at 45.6 MMT for 2023/24, down 13 percent from 2021/22’s 52.6-MMT crop. Wheat planted area is predicted to fall 16 percent from 2022 while barley and corn planted area could fall 6 and 11 percen...
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...