World Perspectives

Wait for the Experts; Cheap Gas

Wait for the Experts There is new leadership in Washington, and they are receiving appeals for reform of the U.S. food system. Most of the ideas are literally from out in left field. They usually start with overstatement such as, “COVID-19 had our food system on the brink of collapse.” Or “America’s food system has long been plagued by mass inefficiencies” and what is needed is a “National Food Strategy.” Apparently, they have not read or understand the Farm Bill. Before jumping on board with any of this hullabaloo, the Biden Administration and Congress should await the outcome of the OECD’s forthcoming “Making Better Policies for Food Systems.” Rather than copying cliches out of...

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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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