Glass Half-Full Argentina Yesterday we speculated about a positive that could come out of Argentina's challenge to U.S. barriers to imports of its lemons and beef, as unlikely as a win will be. One definitive positive that will arise from Argentina's ongoing policy mistakes is an eventual correction. Much as the United States mistakenly adopted the Byrd Amendment, zeroing in AD/CVD cases, blocking Mexican trucks, etc., eventually, litigation forced Washington to mend its ways. Argentina has been compounding its problems for a decade or more as it has distanced itself from neoliberalism in favor of state control. However, even as the government is finally abandoning its piratical past and pursuing a new biotechnology law in order to obtai...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.