The situation in Canada is far worse than in the U.S., and all of this has prompted much talk about how long the logistical problems will last. Some are even suggesting comparisons to the problems in Brazil.Rail logistics across the Northern Plains and Canada have been a real mess since last fall. The situation in Canada is far worse than in the U.S., and all of this has prompted much talk about how long the logistical problems will last. Some are even suggesting comparisons to the problems in Brazil, but that is taking it a bit too far. Most people want to singularly blame the rapid expansion in oil shipments by rail for the issues and delays in shipping anything else. This situation was caused by several factors that started over a year a...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...
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.