World Perspectives
energy

Filling the SPR and Fighting the Coronavirus

President Trump held a Rose Garden briefing today at 3:30 declaring a national emergency for the coronavirus and unveiling the latest initiatives. That designation frees up federal monies and loosens certain regulations to facilitate more targeted and rapid responses.  The major commodity related development was the pledge to fill the Strategic Petroleum Reserve (SPR). According to the President, “we are going to fill it up right to the top.”  Trump ordered the release of oil from the SPR last August after the attack on the Saudi oil fields. Inventories went from 644.818 million barrels in July and ended 2019 at 634.967 million barrels. The total capacity of the SPR is 727 million barrels, meaning it is at about 87 p...

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WPI Grain Prices and Freight Rate App  **** Note: After our recent website update, we're having difficulty correctly linking the app to this page. Until we get this fixed, please visit the app directly via the link below. ***  https://worldperspectives.shinyapps.io/Combined_FOB_Price_...

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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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