FT Lies Writing for the Financial Times, Rana Foroohar says that big companies have been society’s main economic beneficiaries and notes that Democrats are now focused on attacking not just tech but agribusiness as well. She implies that agribusiness is an even bigger problem for farmers than China, and she cites the left wing Center for American Progress in saying, “As a few companies gained control of key areas of the food supply chain, spending on research and development fell, input costs rose, and margins for individual farms went down.” These are complete falsehoods and thus fake news. First, as shown in the graph below, public expenditures on agricultural research and development have declined, but investments by...
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.