World Perspectives

WIC to SNAP Lessons; Cheese Mountains; Spillover Subsidies

WIC to SNAP Lessons According to data published by the U.S. Centers for Disease Control and Prevention in its weekly Morbidity and Mortality Report, obesity amongst 2-4-year old’s dropped significantly following USDA changes in the types of food and beverages subsidized under the Supplemental Nutrition Program for Women, Infants and Children (WIC). Foods subsidized under the WIC program are tightly defined whereas there is broader purchasing discretion for those receiving food subsidies under the Supplemental Nutrition Assistance Program (SNAP or Food Stamps). SNAP has been correlated with higher obesity rates but also political resistance to limitations. The experience of the WIC program should inform SNAP administration. Cheese Mo...

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Dec 25 Corn closed at $4.1975/bushel, down $0.02 from yesterday's close.  Dec 25 Wheat closed at $5.2025/bushel, down $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.3125/bushel, down $0.025 from yesterday's close.  Dec 25 Soymeal closed at $289/short ton, up $3.4 f...

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EV’s, Pork, and Trade

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Venting Hypocrisy; Xi – Trump Meeting; Say Cheese Please

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Livestock Industry Margins

Beef packer margins improved for the fifth straight week and added about $68/head in profits to put returns to processing back in a very healthy range. Margins are now around $80/head, which is on part with the 2020-2015 average. The increase in margins comes as beef prices hover near all-time...

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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.

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