China versus USMCA The U.S. Congressional calendar is tight and Trump trade negotiators only have so much band width. This is leading some in the Washington trade community to speculate that the White House will emphasize USMCA passage in the next few weeks. President Trump has backed away from espousing any tariff concessions to China. Watching the drop in Chinese business profits, some deflation in Mainland producer prices, and the willingness of his counterpart, Xi Jinping, to negotiate could be adding to Mr. Trump’s recalculated priorities. Today in a speech at the Economic Club of New York, Mr. Trump returned to tough talk when it comes to China. U.S. agriculture is pleading for a deal with China, but close advisors warn agains...
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.
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...