There are many food insecure countries, According to the Economist’s Global Food Security Index most reside in Africa, but there are others around the world. Measures things like availability, affordability, quality and safety, Jordan scores 47th out of 113 countries ranked. The country must import 95 percent of its needs in staple crops like wheat and barley. Jordan has just struck one of the more unique approaches to the problem. It will plant these two crops in Algeria for shipment back to Jordan. Jordan is one of the smallest economies in the MENA region, but it is considered to be upper middle income. It scores high on the Human Development Index and has invested heavily in education. By wisely using its development assistance f...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
Key Takeaways: The Panama Canal’s draft restrictions and decreasing rainfall outlook are driving big moves in dry bulk markets this week. Panamax markets are sharply lower as the economics of moving freight across the Canal are deteriorating rapidly, leading to support in Supramax vessels...
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.