Now that the farm bill failed in a vote on the House floor, all eyes are on the Senate as a chance to regain some momentum. Senate Agriculture Committee Chairman Pat Roberts (R-Kansas) and Ranking Minority Member Debbie Stabenow (D-Michigan) are expected to have an agreement this week regarding when the Senate panel will schedule markup of the legislation. The target date for a Senate bill to come to the floor is prior to 30 June. Meanwhile, House Republicans are negotiating among themselves to create a compromise package deal on the process to consider that chamber’s farm bill along with immigration reform. Some ag interests are holding out hope that the rescheduled vote could come as early as this week, but most sources on Capitol...
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.
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...