World Perspectives

Fiscal “Groundhog Day”

In the movie "Groundhog Day," actor Bill Murray's character gets caught in a time warp and wakes up in Punxsutawney, Pennsylvania on that day, facing the same day and events over and over again until he finally figures out how to change his behavior. After some trial and error, he finally finds a way to make time move forward to a promising future. The federal government is caught in a fiscal "Groundhog Day" scenario.As is known by now, a deal was struck late Wednesday night to reopen the federal government and that happened yesterday. These are the terms of the budget deal: A continuing resolution (CR) to fund the government was adopted and will last through 15 January. The debt ceiling was raised and the Treasury Department has bor...

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Oilseed Highlights: Oilseed Demand Slumps while Vegoils Rise

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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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