Regional News Ukraine is claiming that Russian forces have stolen “several hundred thousand tonnes” of grain from Ukrainian areas occupied by Russia. The news was reported by Ukraine’s deputy ag minister Taras Vysotskiy and matches what WPI’s in-country sources have reported for months now. Russia is known to have “commandeered” at least six ocean vessels full of Ukrainian grain as well as destroyed or captured between 10-15 percent of Ukraine’s grain storage capacity. EU all-wheat exports total 21.6 MMT so far in MY 2021/22, down from 22.4 MMT this time last year. Finnish energy company Neste noted it is postponing a decision on a new renewable fuel refinery in Rotterdam, Nethe...
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...