World Perspectives

Preparing USDA for a Government Shutdown?

The House of Representatives passed the veterans and military construction appropriations bill yesterday (on a party line vote) but couldn’t move forward on a rule to bring the ag appropriations to the floor for consideration. This bill – which also funds FDA and is tied up in the abortion debate – has become controversial over the level of spending cuts (see WPI coverage from Monday) and provisions to reform SNAP. Failing to get the bill to the floor, the House adjourned for a six week August recess.   On Monday we reported that Congress would get back on 4 September; that schedule is now actually 12 September, which means when they get back, there will be 12 days to pass the ag appropriations bill, and 10 othe...

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Competing Manufacturing Data

According to S&P Global, the US manufacturing sector grew for the fourth consecutive month in September. The U.S. manufacturing purchasing managers' index recorded 52 points in September, down from 53 a month prior and indicating a weaker rate of expansion of the manufacturing sector. A rea...

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Recent Market Volatility Increases Futures Mispricing

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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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