Cost of Deception President Joe Biden like other politicians thought he made a clever calculation when he recent;ly blamed food processors for inflation in the sector. As he scorned, “The American public is tired of being played for suckers…I’ve had enough of what they call shrinkflation. It’s a rip-off.” Some food makers are making more money but others are losing profits, just like any economic sector. There are falling commodity costs for grains, but rising expenses for inputs like sugar, cocoa, and beef. However, a large share of the cost increases is President Biden’s favorite constituency – labor. To his applause, 22 states have mandated increases in the minimum wage. California has o...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
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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.