World Perspectives

Sino-Ag Developments

EconomyLeaders gather this month for the annual Central Economic Work Conference with the view of another sub-par year ahead and the need for bold action to turn the economy around. Recent measures have included lowering the cash reserve requirements at banks so that more money is available for financing infrastructure projects. Food ProductionAt 706.5 MMT, National Bureau of Statistics deputy director Wei Fenghua says output of rice (0.5 percent), wheat (2.6 percent) and corn (2.1 percent) increased 1.6 percent overall this year. Investments in equipment and seed technology are credited, plus area expanded for rice and corn. Soybean production fell 0.9 percent to 20.65 MMT. It was the fifth straight yearly increase in overall output.&...

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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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