Technology Battle Ahead This year’s release of various AI models has prompted some political leaders to call on the Biden Administration to begin negotiating global rules on digital technology and trade. The fear is that other nationas will begin erecting barriers, some of which will be harmful to U.S. ideas and approaches. The same can be said of new technologies and agriculture. The sector is on the precipice of new approaches from AI to synthetic biology and robotics. Even basic technologies like genetic engineering and new genomic techniques encounter hurdles, meaning trouble awaits newer developments in the field. If the polity opposes lower impact 20th century techniques like glyphosate, policymakers need to get out ahead of th...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.