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Targeting India’s Rice Subsidies

At the behest of the domestic rice industry, U.S. House Ways & Means Committee Chair Jason Smith (R-MO) asked the U.S. International Trade Commission to conduct Section 332 fact-finding investigation of global competitiveness in rice, which the industry claims is skewed by unfair trade practices. A similar investigation back in 2015 led to a report called, “Rice: Global Competitiveness of the U.S. Industry” (Investigation No. 332-549) and led to follow-up actions by the Office of the U.S. Trade Representative.  India is the largest rice exporter, supplying nearly a third of the global market and is largely the target of the investigations. Of the top five rice exporting nations, India is the only country that does not...

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May 26 Corn closed at $4.5425/bushel, down $0.035 from yesterday's close.  May 26 Wheat closed at $5.975/bushel, down $0.1875 from yesterday's close.  May 26 Soybeans closed at $11.685/bushel, down $0.025 from yesterday's close.  May 26 Soymeal closed at $318.2/short ton, up $1.8...

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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.

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