World Perspectives

Farm Bill on Docket for Next Week

House Agriculture Committee Chairman Michael Conaway (R-Texas) has floor time scheduled for the farm bill next week. A quick WPI canvass of Hill staff and commodity group lobbyists gives the odds of the bill actually being taken up at about 50/50. It all boils down to the vote count, which is going on now and has been all week. As of this morning, there were not the necessary 218 votes to pass the bill due to some Republican defections. Those renegades are mostly the conservative, budget-hawk, “Freedom Caucus” members, who total about 40. Assuming there are about 200 Republican votes, 18 Democrats (roughly 9 or 10 percent of that caucus) would need to break party lines. The more Republican votes that are lined up, therefore, th...

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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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