Amid the second surge of coronavirus infections, the U.S. presidential election is next Tuesday, 3 November. No matter who wins, the election results will raise more questions than it will answer. Joe Biden is the heavy betting favorite to become the next president. But so was Hillary Clinton just before the 2016 election, and we all know how that turned out. The 2016 experience makes political pundits nervous and cautious as they predict a Biden victory. President Trump’s style of being erratic, confrontational, and inconsistent is well known. But despite his lengthy background in Congress and as Vice-President in the Obama administration, how Joe Biden would operate as President of the U.S. is not clear. During the campaign he has...
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.