Wholesale wheat prices in New Delhi, the country’s key market, surged to Rs.23,916/MT ($346/MT) on 18 November from Rs.18,858/MT ($281/MT) on 18 October. There are many reasons for this, and the trade anticipates prices could rise further. Rupee Tanks as USD Grows Stronger Following its demonetization by the government of India (GOI) on 8 November 2016, the rupee crashed to almost a 39-month low of Rs.68.84 to the USD. The last time it reached this level was in August 2013. (The rupee did settle at Rs.68.43 over a 12-hour period on 24 November.) USD demand is high as foreign institutional investors (FII) have been selling and importers need to clear their bills. The general belief is that the stronger USD is due to the Trump win and not t...
A microlith is a small stone tool usually made of flint or chert and typically several centimeters in length and half a centimetre wide. They were made by humans from at least the Upper Paleolithic, across Africa, Europe, Asia and Australia. The microliths were used in spear points and arrowhea...
An Ankylosaurus lumbers along the shore of what’s now eastern Montana. Walking low to the ground, the dino uses its flat, leaf-shaped teeth to tear at ferns lining the water. Suddenly, a shadow looms over the herbivore—a Tyrannosaurus rex is hungry. But Ankylosaurus won’t be a...
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Kolkwitzia amabilis /kɒlˈkwɪtsiə əˈmæbɪlɪs/,[2] commonly known as beauty bush, is a species of flowering plant in the family Caprifoliaceae. It is the sole species in genus Kolkwitzia.[1] It is a deciduous shrub grown as an ornamental plant. In China, where it originated, the plant is cal...
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.