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energy

One Week to Complete Farm Bill and CR

We handicapped the political outlook for the new farm bill last Friday. Provided below is a brief procedural overview of what has to occur to get the farm bill through conference:

The House approves a motion that combines both the farm bill passed in July and the nutrition-only bill that passed last week. The House submits the legislation to the Senate. The Senate accepts the legislation (virtually zero percent odds) or rejects it. The Senate requests a conference. The House and Senate appoint conferees.

The farm bill expires on 30 September, but the real deadline is the end of the year when the dairy and other programs start to bump up against ending dates. Congress must also pass a continuing resolution (CR) before the farm b...

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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.

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