World Perspectives

Challenging Mexico GMO Policy; Inequitable Ethanol Policy; Ties to Taiwan

Challenging Mexico GMO Policy The U.S. formally requested USMCA dispute settlement consultations with Mexico over its proposed ban on GMO corn. The move comes months after initiating informal discussions that have gone nowhere. Former Mexican agricultural trade negotiator Kenneth Smith Ramos has expressed skepticism that his country would impose the GMO corn import restriction but Mexico City’s failure to approve any new traits, including those for cotton and canola effectively constitutes a ban. Notable is that Mexico’s basis for the ban is human health and safety. There are many countries that prohibit food crops that have been genetically modified but the language in the USMCA is stronger in this regard.  Inequitable E...

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FOB Prices and Freight Rates App (Updated 4 March)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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