World Perspectives

EU Studies Trading Houses

As part of its witch hunt for unfair market practices, the EU Parliament’s AGRI Committee requested a study of the major agricultural commodity trading companies and their impacts.  The study may inform populists in the U.S. that also see consolidated industries as inherently harmful, but the bottom line for policymakers is what can they logically do about such concerns. Lawmakers, especially in Europe, should heed this week’s warning by Portuguese Foreign Minister Paulo Rangel who said, "Europe has a cultural tendency to over-regulate, which is naturally a disadvantage. We need balance, it's always a question of balance, and we need to accommodate both [technology development and democratic values and human rights]."Oligopoly: The rep...

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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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