On 5 July, WPI reported that the recent Supreme Court decision on Loper Bright Enterprises v. Raimondo, which overturned the so-called “Chevron deference” whereby courts were to defer to agencies interpretations of ambiguous legislative intent, could have significant impacts on federal regulatory policy moving forward. It appears that impact is underway. This week the House of Representatives’ committee chairs have sent letters to the agencies that they oversee statutorily regarding that decision. Secretary Vilsack received a letter from the House Agriculture Committee making extensive requestions for information about USDA’s “legislative rules proposed or promulgated since January 20, 2021, identi...
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.
There was heavy volume exiting soybeans, which dragged down the broader market today. The lack of a specific Chinese buying commitment for soybeans undermined speculators who had placed bets on state-directed trade. But even the Chinese do not totally ignore market fundamentals. They may still...
On Tuesday, 12 May, WPI reported on an Executive Order being prepared by the Trump Administration to suspend tariff rate quotas (TRQs) on beef from all exporters for 200 days as a means of addressing high beef prices in the United States. After considerable pushback from cattle producer groups,...
WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and analysis. Current Ag Perspectives subscribers will have gratis access to the report through 16 April 2026. Please email us or subscribe online after this date to...