Somewhat late to a flawed game, the World Health Organization (WHO) is recommending taxes and regulatory restrictions to halt the course of obesity in modern Europe. Just Kidding The spin coming out of the latest round of Trans-Pacific Partnership (TPP) negotiations has spun a 180. Yesterday it was a threat to kick the recalcitrant Japanese out of the talks, and things were so bogged down that no new date had been set for more negotiations. Now the story is that U.S. Trade Representative Michael Froman was not seriously considering Japan's departure, and negotiators successfully identified "landing zones" for almost 20 out of the 29 separate chapters of the prospective agreement. No future date for meeting has been set, although negotiato...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.