There are many food insecure countries, According to the Economist’s Global Food Security Index most reside in Africa, but there are others around the world. Measures things like availability, affordability, quality and safety, Jordan scores 47th out of 113 countries ranked. The country must import 95 percent of its needs in staple crops like wheat and barley. Jordan has just struck one of the more unique approaches to the problem. It will plant these two crops in Algeria for shipment back to Jordan. Jordan is one of the smallest economies in the MENA region, but it is considered to be upper middle income. It scores high on the Human Development Index and has invested heavily in education. By wisely using its development assistance f...
What You Need to Know Today: The U.S. and Iran reportedly agreed to pause hostilities to allow vessels to transit the Strait of Hormuz this week (theoretically, at least). There were some rumors of a possible Chinese blockade against Taiwan. Analysts are looking for the largest U.S. 1 June cor...
Developer's Note: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where obs...
Corn Argentina Argentina's corn harvest continued to advance at a moderate-to-slow pace, constrained by high moisture levels in both the grain and the fields. Harvest delays remain concentrated in the remaining early-planted corn in central and southern Buenos Aires. To date, harvesting has rea...
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.