World Perspectives

Mississippi River: From Drought to Flood

According to the National Weather Service (NWS), the water level on the upper Mississippi River is expected to reach its highest since 2001. The NWS weather forecast station at La Crosse, Wisconsin, reports that “the chance for a top five flood on record is high at all sites.” Snow melt and precipitation are causing the high-water levels. According to data from today, there are 99 gauges where the measurements are in flood categories. The U.S. Geological Survey (USGS) map below shows streamflow conditions along the Mississippi and tributaries.  The current lock and dam closures in the upper Mississippi include: Lower St. Anthony Falls Minneapolis; #1, Minneapolis; #3, Welch, Minnesota; Alma, Wisconsin; #5 Minnesota City...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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