World Perspectives

Immigration; Derivatives; IT

While most migrant labor was previously focused in the specialty crops area, the whole agricultural sector has become more broadly dependent on workers that are both lower cost and also more willing to work at physically difficult jobs. Migrant Policy Backfire The Obama administration has used the importance of migrant labor in agriculture as a means to justify its actions on immigration and a demand that Congress pass comprehensive immigration reform. However, leaders in agriculture supportive of immigration reform argue that the president's recent unilateral action actually worsens the situation for the sector. They contend that 1.4 million undocumented workers currently work in agriculture with just 60,000-70,000 working under the lega...

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feed-grains soy-oilseeds wheat

Market Commentary: China Headlines and Technical Buying Lift CBOT

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U.S. grain transportation markets are slowly recovering from the shocks of bitter cold weather and low water levels on the Mississippi River System and from the surge in export demand. The latter is also causing strong rallies in ocean freight markets, particularly in the Atlantic basin. With g...

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livestock

Livestock Round Up: Cattle Margins and Distribution

The recent February World Agricultural Supply and Demand Estimates (WASDE) report forecast beef production to increase in 2026 due to greater slaughter of steers and heifers, increased cow slaughter, and heavier dressed weights, all of which will provide some relief to the beef market. Also, 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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