Bye, Bye Bali: Trade ministers meeting outside of the World Economic forum all agreed that they need to arrive at an initial package of trade provisions at the ministerial meeting in Bali late this year, but they are far apart in terms of its content. Some developing nations want preferential access provisions, some developing countries do not want to offer them to other nations; some want solutions that are not forthcoming to agriculture problems. The fundamental problem of the Doha round -- turning WTO trade agreements into preferential trade regimes for economic development purposes -- now permeates the race to be the next director general (DG) of the organization.There are arguments from some candidates to be the next DG that the WTO...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.