World Perspectives

U.S. Pork Kept Out of Africa

At a recent hearing of the Senate Finance Committee, the National Pork Producers Council (NPPC) highlighted Africa’s call for the renewal of the African Growth and Opportunity Act (AGAO) while at the same time calling for the removal of South Africa and Nigeria from the agreement because of trade barriers on imports of U.S. pork. AGOA was authorized in 2000, and re-authorized in 2015 until September 2025. Per NPPC, South Africa, which has been resistant to U.S. broiler exports, but is increasing its beef imports, provides no market access for pork offal, which the U.S. industry sees as a key potential market. There are a number of other non-tariffs trade barriers, such as a lack of guidance for the requirement that lymph nodes be rem...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5225/bushel, down $0.02 from yesterday's close.  May 26 Wheat closed at $5.9825/bushel, up $0.0075 from yesterday's close.  May 26 Soybeans closed at $11.635/bushel, down $0.05 from yesterday's close.  May 26 Soymeal closed at $315.2/short ton, down $3 fr...

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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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