Brazil’s Embrapa, the lead government agricultural research agency, says the goal is for the country to become self-sufficient in wheat, and that goal does not include the use of transgenic plants. But maybe it should. It is not achieving increased wheat production via yield, that is down 16 percent since 2016/17. Instead, it has increased the area harvested by 18 percent. Better use in genetics in wheat might be more sustainable approach. Global production of wheat by major exporters could use a technical helping hand. Kazakhstan is now in the top eight exporting countries, but its wheat yield is less than 20 percent that of the EU. And the EU achieves its lofty yields through heavy doses of fertilizer, again not very sustainable. A...
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.
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...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...