World Perspectives

East and Gulf Port Workers on Strike

A port worker strike in the U.S. East Coast and Gulf Ports started today affecting container shipments, while a strike in Vancouver, Canada affecting grain shipments came to an end on Saturday with the final ratification vote to come this Friday, 4 October.  As WPI’s Matt Herrington reported yesterday,  The International Longshoremen’s Association union said its workers will go on strike Tuesday morning at the Atlantic and Gulf Coast ports. This would be the first coast-wide strike since 1977, and President Biden said he does not intend to intervene in negotiations. Even a short strike is expected to cause significant backlogs of cargoes across U.S. ports. As Matt also mentioned, the strike would “affect the a...

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Market Commentary: Bear, Bear, Every Where a Bear

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feed-grains soy-oilseeds wheat

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From WPI Consulting

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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