Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...
Trade Deadline Extended, Threats Sharpened President Trump announced that the 9 July deadline for trade agreements with the U.S. to avoid reciprocal tariffs will be extended to 1 August. Eighteen countries are being targeted for trade negotiations, and a smaller subset received letters today on...
President Trump said yesterday that the U.S. is nearing several new trade deals and that letters will be sent to trading partners by 9 July warning of increased tariffs set to take effect on 1 August. That announcement effectively extends the administration’s trade deadline from this week...
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.