World Perspectives

Testy on U.S. Trade Policy; Trade and GDP; Prospective Plantings

Testy on U.S. Trade Policy USDA Secretary Tom Vilsack testified this week before the Senate Agriculture Committee and while most of the hearing was tame, the one contentious issue was trade. The Panel’s Republicans echoed the demands of their farming constituents by telling the Biden Administration that it needs to be more aggressive in pursuing free trade agreements. Secretary Vilsack parried that first the rest of America must get on board such an agenda. Now Senators from both parties are warning the White House that any deal with the EU on critical materials must be approved by Congress.  Members of Congress do not oppose working with Europe on critical materials or greening technologies. They are angry because the White Ho...

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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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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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