Bali Disagreement No, there is not one yet. In fact, apparently there are still 400+ bracketed sections of the draft ministerial statement for the 9th WTO Ministerial Conference (MC9) meeting in Bali, and negotiators reached agreement on three of them last week. There is broad determination to reach an agreement, but a key issue is the Indian-led effort for a public stockholding effort by developing countries as a food security measure. The problem is that developing countries have agreed to make this mechanism transparent, but are less willing to commit to avoiding negative spillover effects, which translates as dumping surpluses on the global market. Rich countries with deep pockets have direct experience with stockholding and are sk...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
Key Takeaways: India is excluding sugarcane juice, sugar syrup, and B-heavy molasses from its 2026/27 fuel ethanol procurement program to protect domestic sugar supplies, potentially shifting additional demand toward corn and rice. India’s corn consumption for ethanol has surged from jus...
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.