The general perception in the market is that the wheat is overpriced due to the high political risk premium now included since the start of the Ukrainian/Russian conflict. Milling Wheat The Black Sea market has remained about unchanged for the past few weeks. While the offered volume is not significant, demand is also difficult to find. The general perception in the market is that the wheat is overpriced due to the high political risk premium now included since the start of the Ukrainian/Russian conflict. Major buyers/consumers in the Mediterranean destinations are buying on a hand-to-mouth basis. Farmer selling in the Black Sea region is very slow as the new crop is not secured yet. The trade is not willing to take significant positions...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.