World Perspectives

Japan; China; Regulation; Trade

At last week's bilateral meeting with the U.S., Chinese President Xi Jinping said agriculture is a field where both countries would "expand mutually beneficial cooperation." However, it has not been so mutually beneficial to date. Shabenomics Shinzö Abe was just elected by the ruling LDP party to a second, three-year term as prime minister of Japan. He announced that his goal in the next term is to boost Japan's economic output 22 percent by 2020. That will require some inflation, which has thus far proven elusive. He also wants to increase the Japanese birth rate as well as institutionalize child and elder care. The latter would formalize into economic output data services that are already performed by family members. Most controver...

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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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