Trade Without Industry If the Biden Administration were doing industry’s bidding, it would be negotiating trade agreements with real increases in market access. However, the lack of market access talks did not prevent Rep. Pramila Jayapal (D-Washington) from repeating the usual complaint from progressives that trade talks are tilted in favor of industry. Jayapal is Chair of the Congressional Progressive Caucus, so she is among the most anti-capitalist of politicians. With a lean toward Modern Monetary Theory (MMT) and other controversial concepts, someone needs to ask her if trade talks were not about industry, what would they be about? Content Moderation Until a federal judge ordered the Biden Administration to stop, its officials...
Russian Grain Markets: 6–10 July 2026 New-crop price formation remained underway during the week, with bearish price movement concentrated in southern Russia and the Volga Valley, where harvest begins first and export access is strongest. Price volatility remains elevated across producing...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
This morning’s Consumer Price Index (CPI) report makes it less likely that the Fed will hike short-term rates at the September Federal Open Market Committee (FOMC) meeting. Consumer prices declined in June as energy prices moved sharply lower following a temporary peace agreement between...
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.