Russian Grain Markets: 8 – 12 May 2023 Russia’s grain markets remained bearish with the volume of trade miniscule because of traditional May holidays in Russia. A parade in Moscow was held irrespective of the weather or geopolitical situation giving the Russian people another day off except for the military which continues their aggression on the Ukrainian front. Russia tried negotiating a better grain corridor deal. The grain corridor will most likely be extended for another 60 days even though Russia is threatening to terminate it at any point if their demands are not met. Such behavior on the Russian side from time to time makes the global grain market nervous especially the milling wheat market. This is not...
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.
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
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...