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 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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.