Public Health New COVID-19 Cases Fall By A Third, Beijing Lifts Restrictions The sharp run-up in new coronavirus cases in November have quickly fallen at the start of December. After hitting a seven-day average peak of 49,534 new cases on 29 November, the trailing figure has dropped sharply to 32,359 cases as of yesterday, a decrease of 34 percent. The trailing seven-day average fatality rate has continued to remain below 20 the entire time. Some sources suggest the official numbers likely undercount the number of affected people. Even so, while the lockdowns have proven successful at cutting spread, the central government has begun to reassess its zero-COVID approach after a number of public protests and even internal debate over the str...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.