World Perspectives

Subsidies; Government; China; 483

Legislation has again been introduced in the U.S. Senate to consolidate food safety enforcement in the U.S., although the bill isn't moving anytime soon. Consequently, its supporters have requested an investigation into its merits, but senators are asking other questions. Subsidy Cycle "Average levels of support to producers in OECD countries and in emerging countries are converging." That is the conclusion of the OECD's latest "Agricultural Policy Monitoring and Evaluation 2015." More importantly, it finds that while rich countries are shifting toward less distorting means of support for farmers, emerging countries are going in the opposite direction and adopting the price distorting practices being abandoned by the West. Developing coun...

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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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