The overnight CBOT trade showed corn pushing lower while the soy complex traded modestly higher on hopes for positive outcomes from the U.S.-China trade meeting this week. That trend quickly reversed, however, as corn became the upside leader in the day session on technical buying. Corn’s...
Calm Amidst Upheaval Data or surveys about attitudes or opinions are said to be “soft” data since they are emotive based and less reliable. Soft data in recent months had been signaling angst about the U.S. economy and Mr. Trump’s handling of it. Yet, hard data has reflected g...
While the MAHA report from Health and Human Services Secretary Robert F. Kennedy, Jr. still cites consolidation in the meat packing sector, Brazil’s competition regulator, the Administrative Council for Economic Defense (CADE), has approved a merger of two major Brazilian meat processors,...
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.