World Perspectives

Budget Numbers Still May Add Up to Government Shutdown

The long-term CR is likely to be based on the budget resolution, and the cuts to mandatory spending are likely to be in any such legislation that appears in December, creating the same battle as last year (only on slightly different parliamentary turf) that led to a government shutdown.

Here’s an update on fiscal policy, which will be the primary issue in Congress over the last few months of the current session. First, Congress passed a clean continuing resolution (CR) last week; clean means that it was strictly limited to funding the government without making any policy changes, budgetary or otherwise. That avoided a government shutdown on the first day of the new fiscal year, 1 October. Recall that one occurred last year due to a...

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U.S. grain transportation markets are slowly recovering from the shocks of bitter cold weather and low water levels on the Mississippi River System and from the surge in export demand. The latter is also causing strong rallies in ocean freight markets, particularly in the Atlantic basin. With g...

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livestock

Livestock Round Up: Cattle Margins and Distribution

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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.

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