World Perspectives

Trade War Fractures

Today was National Agriculture Trade Day, an effort to boost awareness about the benefits of trade to the sector. However, the milestone also sparked debate about the increasing U.S. agricultural trade deficit, and the advisability of the Trump tariff war.  President Trump’s goal is said to be a more fair and equitable trading system for the U.S. The status quo is described as unfair and unsustainable. Implicit in that assessment is a criticism of past policies that placed the U.S. in the position of running huge trade deficits. But it is sectors like agriculture that are being hurt in the interim by efforts to rectify the situation.  There is still great uncertainty about how the war is being conducted, its true aims, and w...

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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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