World Perspectives

Best Trade Bargain

Indian Commerce and Industry Minister Piyush Goyal says that India would be “happy and willing” to negotiate a trade agreement with the U.S. American farmers should be pummeling the White House to pursue such a deal. India runs a large trade surplus with the U.S. and benefits from substantially lower tariffs than those it applies to U.S. products. The Biden Administration is negotiating a trade agreement with Kenya, which would bring far less benefits to the American economy than a deal with India. Even if such a negotiation fails, it would highlight the mercantilist structure of India’s trade policy. ...

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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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