World Perspectives

Detailed Devil

The agreement between EU Commission President Jean-Claude Juncker and U.S. President Donald Trump may be like the earlier Kim Jong-un/Donald Trump agreement – a stalemate with too many details to be overly hopeful. The upside is that each side will refrain from imposing new duties. The concept of free trade in industrial goods is a carve-out of what was agreed in the earlier TTIP negotiations. Agriculture was not even mentioned as a negotiating area, but there was an EU commitment to buy more U.S. agricultural goods, including soybeans. That is mercantilist word-play below the dignity of two market economies. EU and U.S. companies should buy from the best value sources – period. An upside is the apparent collaborative approach...

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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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