World Perspectives

Snapshot of Credit Situation

There are plenty of worries about credit access and conditions in the agriculture sector. The Senate Agriculture Committee held a hearing yesterday on the Farm Credit System (FCS) and the current economic climate. As has been widely reported, the Federal Reserve Board released the minutes of the April Federal Open Market Committee (FOMC) meeting 18 May, which indicate that the committee has put a potential interest rate hike on the table for its June meeting. The minutes reflected a generally positive outlook for the economy, unchanged since the March meeting. The FOMC reported that financial market conditions continued to improve, equity prices rose further, the U.S. dollar depreciated from its earlier highs this year, and credit spreads d...

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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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