Some countries have reacted harshly to the tariffs imposed by President Trump, while other countries responded more mutedly or negotiated a settlement. Canada initially retaliated but has now unilaterally reversed some of its retaliatory tariffs against the U.S. after deeming them predominantly self-harming. This fits with the general economic view that tariffs are a self-imposed tax. The Trump formula for tariffs was quasi-based on the level of the trade deficit and has been much criticized. Tariffs are contrary to the benefits of free trade, a laudable if unrealistic ideal given politics. The agriculture sector is often the farthest from free trade given societal empathy for farmers and idealization of food self-sufficiency. In its...
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.