World Perspectives

Political Fallacies

He who smelt it, dealt it. This vulgar framing nonetheless holds an underlying truth. Politicians are concurrently demagoguing about high food prices and warning against the fake news espoused by others. It is altogether an odorous room.  Politicians in Europe have no evidence that industry concentration or “unfair” commercial practices are keeping prices low for farmers. Perceived inadequate farmgate prices is what has kept the Common Agricultural Policy in business for seven decades. Democratic presidential candidate Kamala Harris has no evidence that price gouging is keeping food prices high for consumers in the U.S., it is simply deflecting blame for inflation. The charge has reportedly compelled the food industry to i...

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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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