Regional News Through 29 March, Ukraine has exported 35.593 MMT of grain for MY 2023/24, below the 37.382 MMT exported during the same period the prior year. Wheat exports total 13.7 MMT, barley shipments reached 1.962 MMT, and corn exports total 18.6 MMT. Egypt’s state-owned GASC purchased 17.250 KMT of sunflower oil at $930/MT C&F delivery along with 18 KMT of soyoil at $1,050/MT C&F, both for May delivery. Turkey is set to become the world’s second largest exporter of hard wheat, rising in the rankings due to falling shipments from Canada. Turkey has already shipped 1.5 MMT of hard wheat in 2023/24 after becoming a net exporter for the first time. Milling Wheat Wheat prices were mixed but mostly...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in...
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.