World Perspectives

WPI Grain Transportation Report

Dry bulk markets are firmer this week as China’s recent soybean purchases stoked hopes that cargo demand, and vessel hire rates, will increase heading into 2026. China has purchased about 1 MMT of U.S. soybeans out of their commitment to purchase 12 MMT in December and January.  Capesize markets led the dry bulk rally with miners and operators looking for early December dates. Business from east Australia is steady and unremarkable this week while C3 ex Brazil and West Africa markets saw increased demand for January positions.  Panamax markets were firmer amid the hopes for more U.S. soybean shipments to China. Rates from the U.S. Gulf and Atlantic were firmer due to the grain demand improvement while U.S. East Coast coal in...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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