World Perspectives
energy

Petroleum; Europe’s Future

There is a terrific mess in Europe, and the attitude of the newly-elected Greek government that it must be granted debt relief is posing a massive challenge. The price of petroleum jumped more than 8 percent today to $48.28/barrel, but our latest survey (see graph below) indicates a consensus view that it will stay around $50/barrel during the months ahead.Meanwhile, there is a terrific mess in Europe. Chances are that the eurozone will muddle through as it has in the past, although the attitude of the newly-elected Greek government that it must be granted debt relief poses a massive challenge. Some blame Germany and other large members of the EU for imposing unbearable austerity requirements on a democratic government. Others suggest th...

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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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