The House Agriculture Committee will hold a hearing tomorrow reviewing commodity groups’ perspectives on Title I crop programs. Scheduled to testify are the American Soybean Association, American Sugar Alliance, National Association of Wheat Growers, National Corn Growers Association, National Cotton Council, National Sorghum Producers, National Sunflower Association, National Barley Growers Association, U.S. Canola Association, USA Dry Pea and Lentil Council, USA Rice and U.S. Peanut Federation. Going into the 2023 farm bill, debate on the Title I commodity programs comes from a unique baseline perspective given the China trade war and resulting Phase One agreement and the COVID pandemic. The last farm bill was passed in 2018, and s...
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.