World Perspectives

Godwin’s Law and Food; Mother Nature’s Trade Barrier; Reciprocal Nonreciprocals

Godwin’s Law and Food Attorney and author Mike Godwin noted that the longer a discussion grows on social media, the increased likelihood someone will use the term Nazis or mention Hitler. The observation is that when it reaches the point of invoking a most despicable aspect in human history, a conversation has reached its end and the person invoking the term loses the argument. In global food trade, the threshold for such a demise should be the invocation of food safety. The Ukrainians are complaining that after blocking imports of its grain because it burdened Poland’s farmers, Warsaw has now suggested that Ukraine’s food does not meet the EU’s sanitary and phytosanitary requirements. Ukraine adopted EU standards b...

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FOB Prices and Freight Rates App (Updated 4 June)

WPI Grain Prices and Freight Rate App  **** Note: After our recent website update, we're having difficulty correctly linking the app to this page. Until we get this fixed, please visit the app directly via the link below. ***  https://worldperspectives.shinyapps.io/Combined_FOB_Price_...

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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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