Food inflation has made its way into the Presidential campaign. In a rally in Michigan yesterday, Republican Vice Presidential candidate Senator J.D. Vance, when asked about food inflation, called to “fire” Secretary of Agriculture Tom Vilsack and to double down on energy production to lower input costs from fertilizer to diesel fuel for farm production. Tomorrow, Democratic nominee Vice President Kamala Harris is going to propose a federal price gouging law with regard to groceries. She’ll likely endorse legislation already proposed by Senators Elizabeth Warren (D-Massachusetts), Bob Casey (D-Pennsylvania), and Tammy Baldwin (D-Wisconsin). In keeping in line with the Biden Administration, much of the focus will be on the...
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.
There was heavy volume exiting soybeans, which dragged down the broader market today. The lack of a specific Chinese buying commitment for soybeans undermined speculators who had placed bets on state-directed trade. But even the Chinese do not totally ignore market fundamentals. They may still...
On Tuesday, 12 May, WPI reported on an Executive Order being prepared by the Trump Administration to suspend tariff rate quotas (TRQs) on beef from all exporters for 200 days as a means of addressing high beef prices in the United States. After considerable pushback from cattle producer groups,...
WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and analysis. Current Ag Perspectives subscribers will have gratis access to the report through 16 April 2026. Please email us or subscribe online after this date to...