WTO members committed in the Nairobi Ministerial declaration to create a rule regarding a government’s right to use stockholding for food security purposes. There is a related issue, though, that should also be considered.WTO members committed in the Nairobi Ministerial declaration to create a rule regarding a government’s right to use stockholding for food security purposes. Some major agricultural export countries now say they are open to such a rule provided it does not result in stocks contributing to exports, and some developing countries claim a new rule is necessary because existing rules lack clarity. Both parties are wrongChina, for example, stockpiles somewhere between 114 MMT (USDA) and 150 MMT (say some Chinese analysts) of surp...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Inflation is back in the driver’s seat, and agriculture is getting pulled in two directions. A stronger dollar is pressuring grains despite fresh Chinese buying, while renewed Middle East attacks lift crude oil. Higher energy prices can support commodities, but they also raise expenses an...
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.