Assuming the Republicans maintain their majority in the House, there will be a number of committee gavels to pass. This includes the House Agriculture Committee. The Republicans have term limits on chairmanships, which combined with key retirements assure such changes.Regardless of what happens in the November elections, the House committees in the new Congress are going to see a great deal of turnover in their chairmanships. This includes the House Agriculture Committee. Assuming the Republicans maintain their majority in the House, there will be a number of committee gavels to pass. The Republicans have term limits on chairmanships, which combined with key retirements assure such changes. Some committees have their chairmen appointed by t...
Key Takeaways: Soyoil futures have been trading at the highest levels since 2022. Higher crude oil prices have allowed biofuels to be more cost-competitive with fossil fuels. Recent U.S. biofuel policy, including 45Z, has been favorable toward soyoil as a feedstock. California will be limiting...
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.