World Perspectives

Cancellation of Convenience; Fox in the Henhouse

Cancellation of Convenience The WTO’s 12th ministerial conference scheduled to begin next week has reportedly been postponed due to news of a new COVID variant being circulated. The new variant provides a delay for a meeting that, at this juncture, did not have a lot of hope for agreement. There are never guarantees of agreement before many multilateral fora but perhaps even less when it comes to the WTO. New versions of text are still circulating, and members may meet virtually, but an organization as divided as this one could have benefited from direct, in-person negotiations.  Fox in the Henhouse The new German government may include an agriculture minister coming from the Green Party. Reportedly, Steffi Lemke is in line fo...

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feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Algeria purchased 200 KMT of hard wheat – rumored to originate in France – at $249-250/MT C&F.  Turkey issued an international tender for the sale of 100 KMT of durum wheat to be exported – not imported – from the country. The winning bid cam...

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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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