A large majority of respondents in WPI’s most recent survey do not expect a global recession by 2020 (see graph below). Meanwhile, U.S. farmer confidence drifted 2 percent lower last month in the Purdue University/CME Group survey, but future expectations have been trending higher over the past year. Those surveyed remain very concerned over the financial health of their operations, but a large majority believe that the trade dispute with China will be settled in a manner beneficial to them, and slightly over half believe the agreement will occur by 1 July. Please respond to our current homepage survey on whether you agree with the farmers in the Purdue/CME survey. ...
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.