Regional News Planting progress and crop conditions for 2023/24 crops in EU are broadly favorable with weather forecast offering comforting outlooks for producers. This took away much of the “weather premium” that was previously bid into prices and led to weaker markets last week. Additionally, the renewal of the Black Sea export corridor deal has put markets, especially wheat, on the defensive so far Monday. On Monday, Russia proposed a new scheme for how payments for foreign trade will be made. The proposal indicates trades for grains and other agricultural products will be paid via the national clearing center, which would effectively protect the country from further tightening of sanctions. Last week, Turkey p...
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...
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.