Some environmentalists were aghast at the COP26 meeting when mega-billionaire and serial do-gooder Bill Gates described nitrogen fertilizer as “magical” and opined that, “to grow crops, you want tons of nitrogen.” They called nitrogen fertilizer a major cause of greenhouse gas emissions and while disputing Gates’ claim for its contribution to production, concurrently noted that the largest agricultural producers use it the most. They instead recommend crop rotation and using more manure, though also having less farm animals. They said nitrogen use will increase 50 to 138 percent between now and 2050, with Africa contributing the largest increases – so stop the climate malpractice. In truth, nitroge...
Key Takeaways Traffic through the Strait of Hormuz is increasing steadily, despite a precarious political situation. The increased flow of vessels through the SOH is pressuring tanker rates, though total volumes remain well below pre-war levels. The big issue in the Strait of Hormu...
What You Need To Know Today: Ethanol margins continue to run well above year-ago and normal seasonal values, but have slipped in recent weeks on weaker DDGS and ethanol pricing. WPI’s models project a steady decrease in returns to ethanol production following the end of the summer...
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 “...
On Monday, the Trump Administration suspended the countervailing duties (CVDs) on phosphate fertilizer imports from Morocco via Executive Order. The CVDs were imposed in 2021 by the Biden Administration and were subject to a routine five-year sunset review. According to the Agricultural and Foo...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.