World Perspectives
farm-inputs

No N, No GMO, No Food

Some environmentalists were aghast at the COP26 meeting when mega-billionaire and serial do-gooder Bill Gates described nitrogen fertilizer as “magical” and opined that, “to grow crops, you want tons of nitrogen.” They called nitrogen fertilizer a major cause of greenhouse gas emissions and while disputing Gates’ claim for its contribution to production, concurrently noted that the largest agricultural producers use it the most. They instead recommend crop rotation and using more manure, though also having less farm animals. They said nitrogen use will increase 50 to 138 percent between now and 2050, with Africa contributing the largest increases – so stop the climate malpractice.  In truth, nitroge...

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FOB Prices and Freight Rates App (Updated 27 August)

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”...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Lebanon’s 2025 grain crops are expected to be much lower, as much as 25 percent lower for wheat, due to the drought and to local conflict. Rainfall is down by 50 percent in some areas while due to conflict many farmers were...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s government purchased 3.93 MMT of local wheat from this year’s harvest an increase from last year’s 3.43 MMT purchase. The government had originally targeted a very enthusiastic 5.0 MMT. The local wheat ha...

FOB Prices and Freight Rates App (Updated 27 August)

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”...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Lebanon’s 2025 grain crops are expected to be much lower, as much as 25 percent lower for wheat, due to the drought and to local conflict. Rainfall is down by 50 percent in some areas while due to conflict many farmers were...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s government purchased 3.93 MMT of local wheat from this year’s harvest an increase from last year’s 3.43 MMT purchase. The government had originally targeted a very enthusiastic 5.0 MMT. The local wheat ha...

farm-inputs

Oil Cost and Input Forecast

According to the latest Short Term Energy Outlook (STEO), U.S. petroleum production is forecast to hit 13.41 million barrels per day (bpd) in 2025 due primarily to improved well productivity.  Increased supply will lower prices in 2026 and result in a fall in output to 13.28 million bpd in...

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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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