World Perspectives

Who Is Paul Ryan?

This weekend, presumptive Republican Presidential nominee Mitt Romney chose Representative Paul Ryan (R-Wisconsin) to be his vice presidential running mate. The general media portrays the chairman of the House Budget Committee as a budget cutter and deficit hawk (which he is), but typically has not commented on his connection to agriculture and his perspective on ag policy.Ryan is from southeastern Wisconsin, which is an ag state region. When he first came to Washington as a young staffer he worked for then-Representative (later Senator, now Governor) from Kansas Sam Brownback, who was ag commissioner before he was Congressman. Obviously, as Brownbeck's legislative director, he was exposed to ag issues.Outside of the spending issues, which...

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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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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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