Last Friday the Department of Commerce released its initial gross domestic product (GDP) report for Q2 2018, which showed estimated growth of 4.1 percent. While that was the fastest quarterly increase since Q3 2014, it was also in line with pre-report expectations. Commerce indicated that net exports accounted for 1.06 percent of the gain, their greatest contribution since 2013. Given the media’s focus on China’s tariffs and the importance of soybean exports, the prevailing narrative in the news is that these were a major driver of this growth. However, there is a deeper story that shows the media accounts may be overselling the impact. According to news reports, the export pace was rushed to get shipments out before tariffs w...
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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...
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.