Commodities Fuel Bogeyman In the most recent Hill-HarrisX poll of American public opinion, the top selected issue of current concern is inflation. Inequality slightly beat out inflation as a top concern for Democratic respondents, who also had very low concern for the second most important issue for independent and Republican participants, the national debt. Inflation may be an even larger issue in Canada. Inputs like commodities are the largest driver of inflation so if price increases become a larger political issue, pressure will be felt in farm country where the current bull market is otherwise appealing. Journalistic Malpractice Reporting on food safety issues is one of the most error prone areas of journalism. Eye-catching headline...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.