World Perspectives

Panama Canal Further Restricting Shipments

Gatun Lake, the artificial lake which discharges water into the locks of the Panama Canal, for transit between the Atlantic and the Pacific is down to the lowest level since 1995.    October precipitation has been the lowest since 1950 and is down 41 percent from normal. New forecasts peg rainfall to remain 38 percent below normal for the rest of the year. Thus, the Canal Authority has announced more shipping restrictions. Since the end of July, the Authority reduced capacity to 32 vessels per day; historically the average is around 40 ships. That caused a back-up in August of 160 vessels. Neopanamax vessels faced an average wait of 17 days.   Yesterday the authority announced that starting 3 November booking slots...

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Competing Manufacturing Data

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feed-grains soy-oilseeds wheat

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Recent Market Volatility Increases Futures Mispricing

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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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