The bulk grain transportation monopoly that exists in Western Australia (WA) through Commodity Bulk Handling (CBH) is coming to an end. The Australian Competition Tribunal ruled against the CBH's appeal of an earlier decision to end the monopoly. The following is a statement from a press release today: "Australian Competition and Consumer Commission chairman Rod Sims said the tribunal's decision meant 'that for the first time since deregulation of wheat export marketing in 2008, growers and marketers in WA will be free to make their own arrangements for transporting grain to port for export.' "The CBH has had exclusive rights to transport grain from inland storage facilities to port facilities. This will end next month and private co...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
From WPI Consulting
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.