Contrasting Corn Policies Both Mexico and Kenya have a problem with food security and the adverse impacts of inflation, but Nairobi and Mexico City have arrived at very different policies for addressing the problem. Kenya has adopted open cultivation and imports of GMO white corn. By contrast, Mexico has announced a ban on imports of GMO corn, and now has added an export ban on white corn, plus 23 other food products. Moreover, food suppliers will be sanctioned if they raise prices. Kenya has increased the potential supply, which will have a price depressing effect. Mexico has restricted supply via border measures and by limiting any price incentive for further supplying the market. Bye, Bye Blair Germany submitted to Brussels its...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.