World Perspectives

Eastern Europe’s Good Deal; Firms Prepare for Long War; Slick Cooking the Books

Eastern Europe’s Good Deal The Joint Research Centre of the European Commission published the results from analyzing the quality of 1,400 foods across 19 member states, which found no ‘East-West food quality discrimination in Europe.’ The study was precipitated by complaints in Eastern European member states that food manufacturers were selling them lower quality products. The complaints led the European Commission to announce a prohibition in April against firms selling dual quality food within Europe, and it has also announced other initiatives to place a check on any differences. WPI had speculated that there could be quality differences since Eastern Europe is poorer and pays lower prices, per FAO data. Now Euromonit...

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FOB Prices and Freight Rates App (Updated 12 November)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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.

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