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Sugar Price Response

The March 2025 No. 11 sugar contract rebounded last week but it is still down over 20 percent from its high. Analysts started the year expecting sugar prices to rise this year on short supplies. The International Sugar Organization is still warning of a net deficit once global consumption is subtracted from production. Carryout has declined over the past four years and is at a 13-year low. Stocks to use are down to just over 20 percent. It doesn’t help that number three exporter India has had export restrictions. But the two major suppliers have responded to the price incentives. Brazil supplies over half of all traded sugar and its farmers expanded area. There is also less sugar being used as ethanol feedstock. Production is down fr...

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Lots To Do for Congress When They Return to Washington

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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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