Import dependence for food rankles most politicians since they have persistently fed a nationalistic feedback loop on the issue to their constituents. No one is demanding that their television sets be manufactured locally, but food is national security and others can’t be trusted. This is especially true in China where President Xi Jinping has been preaching that local leaders must stop the conversion of farmland to non-agricultural uses for the sake of food security. Officials proclaim progress toward the goal, but some data tell a different story. Overall Chinese arable land has been declining at a little under 1 percent per year. Despite Brazilian President Lula De la Silva’s commitment to reducing the loss of Amazonia...
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.
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...