World Perspectives

Agricultural Trade with Africa

Africa’s population is on a trajectory that could double its size by 2050 to 2.5 billion, or a quarter of the global populace. The West (U.S., EU, Japan) are in a competition with the Axis (China, Russia) for influence over Africa. One way to influence is to actively trade, including in agricultural products. Using research by IFPRI, Business Insider Africa reporter Adekunle Agbetiloye has highlighted some of the interactions of the Continent with other countries, including in agriculture.  Africa is second only to Asia in terms of growth in agricultural imports. Brazil is dominant in supplying the Continent with sugar and meat, while Indonesia supplies palm oil. The U.S. is a large supplier of soybeans, but that confronts compe...

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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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