Regional News The weather for Southeast Europe and the Black Sea remains broadly favorable for crop development. In Romania, there is an absence of significant frost/freeze worries while moisture remains near normal. In Bulgaria, above average temperatures and improving soil moisture conditions are allowing winter crops to develop in good condition. Moisture supplies have been improving through early December and remain favorable for the emerging winter crops. Despite favorable weather for Southeast Europe, persistent rains across France are delaying sowing in that region. The strike of French government workers is creating expectations for logistics issues in France. Russia is exporting soybeans to South Korea for the first...
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 Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
Inflation is back in the driver’s seat, and agriculture is getting pulled in two directions. A stronger dollar is pressuring grains despite fresh Chinese buying, while renewed Middle East attacks lift crude oil. Higher energy prices can support commodities, but they also raise expenses an...