OECD Ag Statement Thirty-eight agriculture ministers from OECD member countries plus a dozen or so more will meet later this week in Paris to discuss: Building Sustainable Agriculture & Food Systems in a Changing Environment: Shared Challenges, Transformative Solutions. The discussion precedes the COP27 meeting, and ministers are likely to emphasize how agriculture contributes to sustainability, and how it is hurt by climate change. Most of the non-OECD countries will be looking for cash transfers from the richer countries to help their agriculture sectors. All of it is “non-binding.” Meanwhile, the meeting will likely blast Russia for worsening global food insecurity by invading Ukraine, and highlight the adverse impacts f...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
From WPI Consulting
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.