Worth a Try WTO Director General Ngozi Okonjo-Iweala is hoping that a “retreat” focused on agriculture and scheduled for 24 October will help change the approach members take toward negotiations on the sector. She correctly notes that, “We are no longer today where we were 22 years ago…. much of the context in which agriculture takes place has changed.” She believes that if members listen to scientists and experts explain the global agricultural system, its problems, and new ideas, it will change their viewpoints. It is true that WTO members have been stuck for decades in the same failed negotiating approaches. Presenting new approaches that are compelling for solving problems and advancing each nation’...
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.