Global rice stocks are down just 2.7 percent this year, but the drop is larger in key rice consuming countries, plus the largest rice exporting nation, India, imposed an export restriction. This has caused an exaggerated response in price with global values rising 29 percent year-on-year. This has caused problems in Malaysia where domestic rice was in shortfall and then the government raised the price of imported product by 36 percent to reflect the global market. By contrast, Pakistan’s rice output is up 63 percent and is the second largest crop on record. It looks to export 5 MMT, a 40 percent increase. The U.S. will see a 32 percent increase in rice exports. El Nino is blamed for the volatility in rice production, and...
A microlith is a small stone tool usually made of flint or chert and typically several centimeters in length and half a centimetre wide. They were made by humans from at least the Upper Paleolithic, across Africa, Europe, Asia and Australia. The microliths were used in spear points and arrowhea...
The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
The Alaska marmot (Marmota broweri), also known as the Brooks Range marmot[3] or the Brower's marmot,[4] is a species of rodent in the family Sciuridae. Once considered to be the same species as the hoary marmot, it is now known to be unique. Alaska marmots are found in the scree slopes of the...
A federal appeals court paused a USITC ruling against President Trump’s use of Section 122 to impose 10-percent global tariffs. A bipartisan group of 80 House members asked USTR to investigate specialty crop imports from Mexico for unfair trade practices. India notified the WT...
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.