World Perspectives
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How Sweet It Isn't

Global surplus sugar stocks are at their lowest since 2010/11 and futures prices are at their highest level in six years. Yet global import demand continues to expand at around 1.8 percent each year. Brazil is the world’s largest sugar exporter, and it will begin harvesting a crop that is at least 7 percent larger than last year’s drought stressed production. Exports are forecast to rise by nearly 9 percent. While Brazil has switched to producing sugar more for food than ethanol, India is the world’s second largest exporter of sugar, and it is switching its emphasis to ethanol.  Notably, the global area dedicated to sugar production has declined in recent years. Sugar beet area is down around 10 percent and land harv...

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Greenland Tweets Sink Macroeconomic Markets, CBOT and Ags Follow

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feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

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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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