World Perspectives

Please Don’t Make Me Graduate; Jones Act Burden; Record Presidency

Please Don’t Make Me Graduate Growing up is hard to do and least developed countries (LDC’s) are resisting losing their special trade benefits when their economies grow out of the LDC status. Presenting a litany of excuses in Geneva, they want LDC benefits extended even when they grow richer. Canada called it “backsliding” on WTO commitments but China, which insists it is still a developing country, curries favor with poorer countries by defending their beggar status. The WTO has morphed from being a trade liberalization organization to what many of its members now categorize as having development at its core.  Jones Act Burden The EU is complaining about the U.S. Jones Act, which requires cargoes moved betwe...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 23 Corn closed at $6.4725/bushel, down $0.01 from yesterday's close.  May 23 Wheat closed at $6.9975/bushel, up $0.0175 from yesterday's close.  May 23 Soybeans closed at $14.6775/bushel, up $0.255 from yesterday's close.  May 23 Soymeal closed at $457.9/short ton, up $11.9 f...

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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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