Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Wheat buyers in the MENA region will have to get used to higher prices for Russian wheat as farmers are holding back on selling wheat and Russian export prices have moved about 12 percent higher in the past few weeks. Reports in Russia say that farmers have sold about 50 percent of their stocks. Farmers would reportedly rather hold stocks of wheat than corn or sunseed as wheat is easier to store, so they are concentrating on selling those items. However, traders expect Russian wheat exports to pick up in January once the maize/sunseed business slackens. While it is not region specific it is important to note that, according to FAO statistics, 78 percent of all soybeans grown world...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
What You Need to Know Today: New World screwworm is back in the headlines after new cases were found in a hunter-harvested elk in Texas and a beef cow in New Mexico. The detection in wildlife could further complicate containment efforts, as implementing effective biosecurity measures is consid...
Key Takeaways: Dry bulk markets remain mixed with Capesize rates turning around from their recent weakness and posting solid gains on improved Chinese demand. Panamax vessels, on the other hand, saw rates decline amid greater tonnage availability in the South Atlantic and falling U.S. Gu...
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.