Saps in Negotiations The U.S. is being overly conciliatory toward the G-33 and their demand for a food security exemption to WTO agriculture disciplines. Tentatively, the gambit is a temporary peace clause agreement to make the upcoming ministerial meeting in Bali a success, followed by the negotiation of a permanent solution. The G-33 wants to be able to hold government stockpiles of local food and rig domestic prices so that their farmers get paid more while their consumers pay less, in order to deal with what they charge are excessive rates of inflation in food prices - excessive being a slippery term. One irony is that the U.S. is concurrently hoping to reach an agreement at next month's meeting of the Asia-Pacific Cooperation to r...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
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...