Bernienomics American socialist politician Bernie Sanders blames greedy companies for causing rising prices. Some in the EU see the same thing, complaining that the U.S. was overcharging for the natural gas they were importing. Never mind that removing Russia as a supplier creates a shortage and aggressive buying has led to overflowing surpluses. The U.S. imports a lot of wine from Europe and the average cost of a bottle of plunk in New York is twice that purchased in Paris. Where do these arguments lead? Agriculture as Springboard Philippine President Bongbong Marcos concurrently named himself head of the nation’s agriculture department. Political leadership in agriculture may be growing in importance in the U.S., though as a spri...
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.