News Updates EGYPT COMMENTS The effect of Egypt's wheat purchases recently and the amount of power GASC has in world markets has been a widely covered topic this week. GASC Vice Chairman Nomani Nomani said his primary concern is feeding 80 million people, as about 50 percent of the wheat consumed in Egypt has to be imported. In the past, bread shortages led to riots in Egypt, but GASC is proud to point out that since the change from the Mubarak government there have been no bread shortages. Nomani and his staff have gained the grain trade's respect for their professional market analysis and their efforts to purchase at the best possible price without upsetting world markets. However, there are some critics who say that GASC should hold we...
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.