House Agriculture Committee Chairman Glenn Thompson (R-Pennsylvania) has been working with Republican leadership to build momentum for a farm bill floor vote, likely expected the week of 27 April, but that depends on other must-pass legislative priorities. The House Rules Committee meets...
Beef packer margins deteriorated further, falling to -$129/head last week, down $38 from the prior week as a continued seasonal softening in the Choice cutout pressured returns. The cutout declined to $382/cwt, extending its post–Easter pullback, while fed cattle prices held near $248/cwt...
The situation in the Persian Gulf remains as volatile as ever since it started on 28 February with a supposed weekend peace agreement dissolving into the U.S. Navy firing upon an Iranian vessel. The vessel was trying to pass through the Strait of Hormuz and reportedly did not heed commands to h...
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.