Researchers in Kenya have said that planting GM maize could save up to $90 million annually in crop losses as well as lead to an additional production of 400,000 MT. A new such seed developed there is very effective against a cause of those losses and could be in the market by 2019 if the government takes certain action. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS The Egyptian pound (LE) rate versus the USD dropped again to 17.50 or so over the weekend. It had moved higher during the week to about 15.50 when the International Monetary Fund (IMF) loan was said to be approved. The demand for USD by corporations has been very strong, but the banks are still quite short of that currency. It is reported that $1.5 billion have been exc...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.