World Perspectives
farm-inputs softs

A Big One Falls

One of North Dakota’s largest farmers filed a Chapter 7 bankruptcy petition recently. Most will blame the collapse on the downturn in commodity prices. While that was certainly a major reason, there are many other contributing factors.One of North Dakota’s largest farmers filed a Chapter 7 bankruptcy petition recently. This is liquidation, not reorganization. The details are still sketchy, but here are some of the key points of the news coverage:

This operation reportedly had planted over 39,000 acres in recent years, including sugar beets and potatoes, and nearly 60,000 acres in 2016. The list of creditors number more than 50 (so far) and includes banks (local and national), financing companies, leasing companies, equipment companies,...

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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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