New World Order Challenges posed to the West by both China and Russia has President Biden and geopolitical experts talking about a new world order. There has been a 180 degree turn from talking about the frustrations of democracies to looking at regime change in autocratic countries. Strategists see Russia being broken using Ukraine as the lever, and this week USTR Katherine Tai told Congress the approach to China is being drastically changed. Free trade advocates are even envisioning the new anti-autocrat politics in democracies potentially leading to increased economic integration within the West. IPR Reversal The Biden Administration originally said it supported waiving TRIPS on COVID vaccines but yesterday USTR Katherine Tai pl...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.