World Perspectives

Market and Economic Impact of Food Donations

After a week of anticipation, yesterday USDA Secretary Sonny Perdue announced that the $12 billion trade mitigation package that was expected today will instead be released on Monday. From his comments over the past month, the following is known: Payments to commodity producers will total $7-9 billion. Trade promotion funding will be about $200 million. The remaining funds will go to commodity and food purchases for donations to food banks and other outlets, which simple arithmetic indicates will be somewhere between $2.8 and $4.8 billion. Based on the above, the third-listed allocation has the biggest potential short-term market impact. Consider the total value of potential food purchases and the effect of the distribution of those...

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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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