The Senate Budget Committee will hold a hearing tomorrow entitled “Corporate Profits are Soaring as Prices Rise: Are Corporate Greed and Profiteering Fueling Inflation?” The Committee’s announcement discusses rising prices “across every major industry” with special attention on energy and the meat and poultry industries. This corresponds with hearings in other committees in the House and Senate on the theme of greed and pandemic profiteering which is in synch with the Administration’s talking points. Interestingly, one of the most outspoken critics of this theme has been former Obama-Biden Administration Secretary of the Treasury and now Harvard economics professors, Larry Summer...
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.