Our Complaints Too EU Commission President Ursula von der Leyen was at the White House today to initiate a bilateral agreement with President Biden on joint sourcing and production rules for critical minerals. The agreement is an attempt to placate Europe’s frustration with American subsidies under the dubiously named Inflation Reduction Act (IRA). But Congress wrote and passed the IRA, and some its leaders are annoyed with the White House for groveling to Europe. They note that the IRA was specifically written to share energy transition pursuits with free trade agreement partners. Using an executive agreement with Europe undermines Congressional intent. Congress also complained that Brussels used the transatlantic Technology...
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.