Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill provides $26.27 billion in discretionary funds, which is $380 million less than FY2026 levels, but well above the President’s request. Recall, the President’s budget, (see here: World Perspectives) submitted on 3 April, called for USDA funding at $20.8 billion in discretionary budget authority for FY2027. In the bill, $22.5 billion of the funding would be appropriated to the Department of Agriculture, $675 million below the 2026 appropriated l...
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.
Russian Grain Markets: 11 - 15 May 2026 The Russian grains market showed a broadly bullish tone across the European part of the country during the week, while conditions in the Asian regions remained stable to slightly bearish. In the southern federal district, the key wheat export hub, prices...
World Perspectives, Inc. is pleased to announce a new member to our team. Cortney Zimmerman joined WPI in January as the Communications Manager. In this role, she supports the editing, production, and publication of the firm’s market analysis and written reports, working closely with anal...
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 “...