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Who We Are

PG Economics Limited is a specialist provider of advisory and consultancy services to agriculture and sectors that both service/supply agriculture and use agricultural raw materials. Our specific areas of specialisation are new technology use in agriculture (eg, plant biotechnology, new breeding techniques), agricultural production systems, agricultural markets, policy, regulation and trade agreements.

The Company's two directors are Peter Barfoot and Graham Brookes who formed PG Economics in 1999. Both have worked at senior positions in agricultural consultancy and technology businesses.

Core areas of expertise

The combination of the directors’ experience provides complementary skills and capabilities to undertake ad-hoc assignments, on-going consultancy and advice in the following core areas:

  • Commercialisation of new technology
  • Regulatory and policy impact assessment
  • Farm economics and competitiveness
  • Market dynamics and economics
  • Trade agreement impact assessment
  • Market intelligence gathering and interpretation
  • Technical and commercial auditing of technology
  • Technical and market knowledge management
  • Policy/regulation interpretation and analysis
  • Value chain analysis and assessment.

Philosophy and attributes

Our philosophy and approach to all services provided is based on, and offers the following attributes:

  • Ability to combine technical, economic/market knowledge and understanding into strategic information to support decision-making
  • Active customer involvement in the development of consultancy project targets and implementation
  • In depth experience and knowledge gained on over 250 consultancy projects
  • Objective and focused on using reliable and substantiated evidence
  • Only use senior and experienced staff.

Client base

Our clients come from both public and private sectors. These include the leading agri-technology companies, agro-chemical manufacturers, seed companies and plant breeders, animal feed ingredient manufacturers, breakfast cereal manufacturers, rice millers, oilseed crushers, food processors, sugar/starch/sweetener manufacturers, farmers organisations, trade associations, UK government and the European Commission.

Expertise base

This largely derives from the experience and knowledge of the directors of PG Economics:

Graham Brookes
An economist by training, he has 30+ years experience of providing consulting services to both private and public-sector customers. Graham has in-depth knowledge of the markets, trade and supply chain developments in many sectors including cereals, oilseeds, rice, sugar, dairy, wine, potatoes, meat and processed product derivatives (including starch, flour, animal feed, oils, meals/proteins, beer and alcoholic spirits). He has considerable experience and understanding of farm economics and competitiveness, policy/regulation and trade issues, impact on markets and of undertaking regulatory and policy impact assessments. He is also a specialist in assessing the impact (economic and environmental) of new technology, such as plant biotechnology and newer breeding techniques.

Peter Barfoot
An agricultural economist with 30+ years experience in the agricultural biotechnology industry and in consultancy. Peter worked at the Agricultural Genetics Company for 12 years in project management, business planning and development. He has a good understanding of technology and its application in agricultural and food markets. He has written and completed many market research projects on the market development and exploitation of agricultural biotechnology.  He is a specialist in the environmental impact of biotechnology crops, notably relating to their impact on greenhouse gas emissions.