World Perspectives
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Dairy Policy, Politics and the Cheese Market

Dairy policy has always been highly politicized from Lyndon Johnson’s time in the Senate in the 1950s right up through this week as USDA announced a major initiative to help boost milk prices.Former President Lyndon Johnson once tried to explain the byzantine structure of dairy policy when he was serving as Senate majority leader by observing that every state has at least one dairy cow and two senators. Indeed, dairy policy has always been highly politicized from Johnson’s time in the Senate in the 1950s right up through this week as USDA announced a major cheese purchase in order to help boost milk prices.As observed here recently, low commodity prices going into this election year have sparked reactions from both Congress and the administ...

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feed-grains soy-oilseeds wheat

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FOB Prices and Freight Rates App (Updated 3 April)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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