President Trump returned from his Thanksgiving holiday break with a tweet underscoring this week’s make-or-break tax reform. As previously reported many times, the Senate budget resolution’s reconciliation instructions provide for tax reform legislation. This allows the tax reform bill to avoid a parliamentary point of order and thus the need to garner 60 votes in order to pass. The resolution specifically permits up to $1.5 trillion in revenue shortfalls from the current baseline over 10 years. Normally, any legislation that increases the deficit could face a point of order under the pay-as-you-go (PAYGO) provisions of the budget. While including tax reform in the reconciliation package avoids that, this does not prevent the ap...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.