Technical Barriers on Steroids A WTO report indicates that regulatory costs account for 14 percent of trade costs, but that share is about to get much higher. The proposed carbon border tax is just one of many process-based restrictions that are growing in number. California mandates the production standards used for eggs brought into the state from the Midwest. Germany’s agriculture minister has proposed the labeling of all food products containing any egg to carry information on the housing system used by the egg producers. The cancel culture mentality on every perceived slight is already attacking individuals and individual businesses and will soon have an evolving set of expectations for various products on the market, especially...
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.