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...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.