Nigerian Minister of Agriculture Akinwumi Adesina went to great lengths to assure the public that biotechnology was not being used in Nigerian agriculture, but then encouraged help from IAEA in using atomic energy to expand Nigeria's food production. Surreal in Nigeria This story might not be surprising, coming from a country where a lead activist group (Boko Haram) insists that Western knowledge is evil. In what could just as well have been published in the online satirical news outlet called "The Onion," the Nigerian media reported on Minister of Agriculture Akinwumi Adesina's welcome of visiting International Atomic Energy Agency (IAEA) Deputy Director General Kwaku Anings. Adesina went to great lengths to assure the public that...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
From WPI Consulting
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.