World Perspectives

Testy Meeting; WTO Baby Steps; Russia and Ukraine Exports

Testy Meeting At the behest of her boss, President Biden, U.S. Energy Secretary Jennifer Granholm has called an emergency meeting with oil refining executives next week. The President is demanding that they increase output, but Secretary Granholm will be in an uncomfortable position during the meeting. Refining companies will likely remind her of all the things the Administration has done to harm investment in the sector, thus aggravating the current supply shortfall. The oil companies will have leverage to demand faster permitting, reduced regulatory burdens and rhetorical support, but the Administration will invite anger from the environmental community if it concedes to any of it.    WTO Baby Steps After years of inaction,...

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feed-grains soy-oilseeds wheat

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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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