World Perspectives

Food Better Than Healthcare; Big Ag is Safe; Siloed Big Tech

Food Better Than Healthcare While the healthcare sector has been called a miracle for the way it has handled the pandemic, the food industry has been criticized and USDA has announced billions in grants to make it more “resilient.” Yet food remained completely available whereas hospital beds and vaccines ran into short supply. Moreover, vaccinations and death rates from the disease do not correlate well. The number of deaths per 100,000 and the share of the population with a single dose of vaccine has an R2 of 0.04; using a fully dosed metric is even worse, finding a correlation of just 0.01 correlation. Italy with 73 percent fully vaccinated suffered 2.6 deaths per 100,000 whereas Ukraine with just 28 percent fully vaccinated...

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Market Commentary: Grains Rally on USDA Data, Hopes for End to Middle East Conflict

Except for lean hog futures, the CBOT and CME markets were higher on Tuesday in a combination of bullish factors. The day’s strength started after the Wall Street Journal reported that President Trump told aides he is willing to end hostilities in the Middle East even if the Strait of Hor...

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feed-grains soy-oilseeds wheat

Market Commentary: Grains Rally on USDA Data, Hopes for End to Middle East Conflict

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Lots To Do for Congress When They Return to Washington

Congress is in recess this week ahead of the Easter and Passover holidays, with much yet to do, including ending a partial shutdown and considering the “skinny” farm bill. Congress is scheduled to return on 13 April, though that may change, especially if the Homeland Security fundin...

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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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