WPI Spotlight

  • August 24, 2017
    During his presidential campaign, candidate Donald Trump often characterized the 23-year-old North American Free... NAFTA Renegotiation Begins
  • June 20, 2017
    Farmers in India want the Swaminathan Report recommendations implemented, including the suggestion that Minimum... Loan Waivers and MSP Issues in India

News

The fiscal cliff, the farm bill, Prop 37, oh my!


WPI Live presents a brief market overview


WPI Live discusses elections and agriculture


WPI Live takes a look at the September WASDE


Unintended Consequences

The hue and cry over the ethanol use mandate in the U.S. Renewable Fuel Standard (RFS) and the possibility that the Russian government might intervene in that country's wheat exports have caused us to reflect on the relationship between governments, market prices and the free movement of goods from where they are available to where they are needed and wanted. These are weighty topics that periodically appear in one form or another. Whenever they do appear with enough critical mass to affect markets and trade, we usually rise up to complain philosophically about the concept that governments can allocate resources better than markets can. And we complain about the inevitable unintended consequences whenever governments attempt to control and manipulate markets and trade. There are always unintended consequences.

Read More


WPI Spotlight

  • August 24, 2017
    During his presidential campaign, candidate Donald Trump often characterized the 23-year-old North American Free... NAFTA Renegotiation Begins
  • June 20, 2017
    Farmers in India want the Swaminathan Report recommendations implemented, including the suggestion that Minimum... Loan Waivers and MSP Issues in India