World Perspectives

Self-Punishment; Easy Solution; Back to the Flame

Self-Punishment China has made its punitive 200 percent tariff on Australian wines permanent for the next five years. The tariff is not import protection for nascent Chinese winemakers but political punishment imposed on Canberra. However, it is concurrently punishment imposed on Chinese consumers. While the French produce an average of 73 liters per capita of wine each year, China struggles to produce 1.3 liters per citizen.  The Chinese consumer may not whine about it, and instead increase consumption of Baijiu, but that is a sacrifice to the taste buds next to a fine McGuigan or Penfolds. The move should make Australian wines less expensive to the rest of the world, and can thank Beijing for Chinese sacrifices.  Easy Solution...

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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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