Corporate profits are (incorrectly) attributed solely to greed – but not if it’s a technology company. Elsewhere, few people believe the U.S. and North Korea will enter an armed conflict. Labor’s Poor Math Esther Lynch of the Confederation of European Trade Unions is quoted saying, “The enemy of decent work is, and always has been, corporate greed. Excessive profits can only be made at the expense of working people...” She cites Nestle and McDonald’s among the enemies of workers. However, she uses gross profit instead of net profit in her calculations, which for Nestle makes a significant difference. Lacking a definition of what is “excessive” profit, looking just at the companies earning the largest net profits, the list is dominated by...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.