World Perspectives

From Weekend Reading

In addition to attacking China, populist politicians on both the American right and left are finding audience encouragement when they attack big companies. Business is going to have to spend more on politics if they are to avoid getting slaughtered.  Farm subsidies will not be disciplined because it is no longer a North-South issue. China and India are now the largest subsidizers.  Trade is no longer about development (the Doha Development Round failed); trade is now being tied to the environment. The U.S. is absent in Geneva and the WTO is struggling as a result.  Politicians in Brussels refuse to give patent protection to seeds developed using new genomic techniques for fear it will just benefit the large companies. As...

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Jul 25 Corn closed at $4.395/bushel, up $0.0075 from yesterday's close.  Jul 25 Wheat closed at $5.455/bushel, up $0.0225 from yesterday's close.  Jul 25 Soybeans closed at $10.5175/bushel, up $0.0675 from yesterday's close.  Jul 25 Soymeal closed at $297.1/short ton, up $0 from...

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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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