The Vice President of the United State of America sounds like a powerful position, except even those that have held the job have derided it. John Adams was the country’s first vice president, and he told his wife that, “my Country has in its Wisdom contrived for me the most insignificant Office that ever the Invention of Man contrived or his Imagination conceived." Another politician compared the job to being dead but not yet in the coffin. Vice presidents certainly attend a lot of the funerals of foreign dignitaries, freeing up the chief executive for the real business of governing. However, yesterday’s Georgia primary election has changed things. With the U.S Senate now split 50-50, Kamala Harris is now the tie br...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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.