World Perspectives

Parting Ways – The Strategy

The U.S. Food & Drug Administration issued its first regulatory guidance on genetically engineered crops in 1992 and by 1996 the first DNA modified seeds were going into the ground. European activists hated the idea. Called it Frankenfood and warned that the technology would lead to Armageddon. There is not a human disease or calamity that has not been blamed on the scientific process. Most developing countries and especially those with colonial ties to Europe also rejected GMO’s.  Spin forward to today and the Nigerian government after years of rejecting the technology has approved Bt cowpeas. Cowpeas are an important staple crop that suffers up to 80 percent losses due to the pod boring insect called Maruca Vitrata. Bt cow...

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European Market Analysis

Regional News  France is preparing to block a free trade agreement between the EU and Southern Common Market (Mercosur) trade block. French ag minister Annie Genevard said her country would not sign the deal that “condemns its farmers”. Poland confirmed it will continue its ban...

WPI Grain Transportation Report

Dry bulk freight markets were quiet this past week and continued the trend that has been present since mid-October. The quiet trade let rates drift lower with disappointment about the slow appearance of Chinese demand weighing on market sentiment. The U.S.-China trade deal was thought to be lik...

FOB Prices and Freight Rates App (Updated 5 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”...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  France is preparing to block a free trade agreement between the EU and Southern Common Market (Mercosur) trade block. French ag minister Annie Genevard said her country would not sign the deal that “condemns its farmers”. Poland confirmed it will continue its ban...

WPI Grain Transportation Report

Dry bulk freight markets were quiet this past week and continued the trend that has been present since mid-October. The quiet trade let rates drift lower with disappointment about the slow appearance of Chinese demand weighing on market sentiment. The U.S.-China trade deal was thought to be lik...

FOB Prices and Freight Rates App (Updated 5 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”...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iran continues to be the largest importer of Brazil maize as total maize exports reach 23.8 MMT. Iran has imported about 4.7 MMT followed by Egypt at just over 4.0 MMT, Saudi Arabia with 1.1 MMT, Morocco at 900,000 MT and Algeria...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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