Last week, WPI previewed the Farm Computer Usage and Ownership report. It has been released and is worth a re-visit given the implications for precision agriculture, which at this point is a crowded field, but has a long way to go for wide adoption. Here are some highlights. More farmers use smartphones than have a computer – 82 percent to 69 percent. Internet access is shockingly low in some states, for example in Ohio, only 69 percent of farms are covered with internet access. The national average is 82 percent, with many states in the low 90-percentage range. The southwest is the lowest, with Arizona and New Mexico with only 65 and 55 internet coverage for farms. As we reported last week, according to the...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.