Federico Kroupensky 
In the complex environment of international grain trade, the ability to transport grain to ports efficiently and promptly is vital. However, recently, the rail deliveries of grain to the Black Sea ports, notably the Greater Odessa region, have seen a substantial decrease, despite the revival of the grain corridor. Several factors contribute to this critical … Read more
Early Beginnings of Trade The history of international trade dates back to prehistoric times when prehistoric people traded goods and services to satisfy their respective needs. The first international traders were the merchants of the East Mediterranean coast, who bought and sold goods to other nations as early as 3,000 BC. The Silk Road, a … Read more
The Argentinian foreign trade is facing severe hardships as shipping companies are now charging freights at the source due to a new scheme imposed by the country’s Central Bank. This change is leading to increased costs, endangering the competitiveness of exports, and potentially triggering a wave of layoffs in the logistics sector. Central Bank’s New … Read more
Rethinking the 2022/23 Soybean Market Forecast The United States Department of Agriculture (USDA) experts have made some adjustments in their May report for the Fiscal Year (FY) 2022/23 soybean production and ending stock forecasts. The slight increase in these figures is expected to exert additional pressure on the market quotes in the new season. The … Read more
Wheat prices on global exchanges have seen an uptick of 2-4% at the start of the week, defying the bearish USDA report. The surge can be attributed to the delayed planting and poor state of crops in the United States’ primary agricultural regions, potentially leading to a lower harvest compared to the previous year. U.S. … Read more
Increased Global Sunflower Production According to recent forecasts from the United States Department of Agriculture (USDA), global production of oilseeds, including sunflowers, is set to grow by 7% in the 2023/24 season. This increase is primarily attributed to significant production booms in soybeans in South America and sunflowers in the European Union, Ukraine, and the … Read more
The Russian Federation’s Disruption of the Grain Agreement The ongoing grain agreement dispute, primarily involving Russia and Ukraine, is revealing a significant power play in the realm of international trade. According to Ukraine’s Permanent Representative at the UN, Serhiy Kyslytsia, Russia has been manipulating the situation to its advantage, alleging that the grain agreement is … Read more
As the world grapples with overfishing and depleting fish stocks, a global effort is underway to protect our oceans. The Agreement on Fisheries Subsidies is a significant stride towards healthier oceans and sustainable fishing practices, with the United Arab Emirates (UAE) recently becoming the seventh member of the World Trade Organization (WTO) to formally accept … Read more
The European Union (EU) has consistently supported the World Trade Organization (WTO) and the multilateral trading system it embodies. However, the EU’s recent use of trade policy to pursue its climate objectives may inadvertently undermine the very multilateral credentials it has vowed to uphold. To continue on its dual path, the EU must harmoniously integrate … Read more
The Indo-Pacific Economic Framework (IPEF): An Overview The Indo-Pacific Economic Framework (IPEF) was launched in 2022 with the primary objective of fortifying U.S. connections to the region and establishing a more robust, equitable, and resilient economy for families, workers, and businesses. The current participants include Australia, Brunei, India, Indonesia, Japan, Korea, Malaysia, New Zealand, the … Read more