At this writing the results of Tuesday’s U.S. election are still uncertain. Joe Biden holds an electoral vote lead over President Donald Trump, but that could change depending on results from Pennsylvania and other states. The final count of the massive volume of mailed ballots in several states may not be finalized until late this week, if then. And legal challenges to the mail-in count are expected so the final results may not be decided for weeks, sad to say. Interestingly, the Republicans have a net pickup of five seats in the House of Representatives. That is still well below what they need for control, but the gain is a mark against the current Democratic House leadership. The Dems may pick up 1-3 Senate seats, but...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.