World Perspectives

Due Diligence Criticism; Ellard High Quality

Due Diligence Criticism A piece in Politico by Europe-based reporters Eddy Wax and Sarah Anne Aarup entitled, “How Brussels Wants to Make Your Shopping Woke” has awakened Washington to another potential impending transatlantic trade issue. The article takes issue with the effort in Brussels to make business responsible for ensuring that their products and value chains are not harmful to the environment or to human rights. The so-called due diligence regulation is described as complicated and likely difficult to enforce. However, the concept also may unleash a slippery slope of countries imposing their own woke standards on businesses and trade. For example, conservative and religious countries could insist that value chains pro...

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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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