World Perspectives

Poppycock over UK Food; TPP Renegotiation

Nearly half the food consumed in the UK is imported, but it is poppycock to suggest that somehow the Brits now have a food security issue. Poppycock over UK Food and Trade Several articles over the past week have sought to assess the effect of Brexit on food and agriculture in the UK. The most common theme is that it is going to hurt. A typical refrain was written by Bee Wilson in the New Yorker: “The thorniest question, though, is how Britain will actually go about extricating its food supply from that of Europe.” It is a recognition that nearly half the food consumed in the UK is imported, but it is poppycock to suggest that somehow the Brits now have a food security issue.One writer tried to use mixed statistics to suggest a problem: “...

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Market Commentary: Energies Collapse on Ceasefire News but Grains Reclaim Early Losses

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Summary of Futures

May 26 Corn closed at $4.4725/bushel, down $0.0175 from yesterday's close.  May 26 Wheat closed at $5.8025/bushel, down $0.1775 from yesterday's close.  May 26 Soybeans closed at $11.62/bushel, up $0.0375 from yesterday's close.  May 26 Soymeal closed at $314.1/short ton, up $2.3...

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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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