World Perspectives

BRICS Grain Exchange; Transatlantic Gaslighting

BRICS Grain ExchangeVladmir Putin used his BRICS conference in Kazan, Russia to formally suggest the creation of a grain exchange by the bloc of countries. He said such an exchange could later be expanded to other products and that it would " contribute to the formation of fair and predictable price indicators for products and raw materials, considering its special role in ensuring food security.” And he said, "The implementation of this initiative will help protect national markets from negative external interference, speculation, and attempts to create an artificial food shortage." It is hard to unpack all the suggested harms of the current grain trading system, but it seems unlikely that an OPEC-style grain consortium would accompli...

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From WPI Consulting

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.

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