World Perspectives

Appropriations Outlook

For the first time since 2009 (FY 2010), Congress actually passed a budget resolution this year. It sets the broad outline of authorized mandatory and appropriated discretionary spending. However, no final appropriations bills have been passed that meet its strictures.

The federal government's FY 2016 starts in 19 days. As can be seen in the table below, no appropriations bill for the new fiscal year has progressed to the point of going to conference. In fact, no bill has passed the full Senate, and the House is only halfway through the 12 bills. Similar to recent past years, some kind of extension of current year spending is likely to be taken up by Congress as time is running out.Four years ago, the federal budget process started with...

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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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