Reap What you Sow French President Emmanuel Macron withdrew his ambassadors to the U.S. and Australia over the shift of a submarine purchase from his country to Britain and America. He is reportedly livid that such a commercial loss could occur as he seeks re-election. Yet he supports a special and targeted tax on American technology companies at the same time his government wants to stop imports of American soybeans and demands the achievement of domestic food “sovereignty.” Energy Poverty Policymakers have bungled the effort to address climate change by constricting the use of fossil fuels before ensuring the availability of affordable alternatives. Now they are about to double down with stricter definitions of sustainabili...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
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.