There was a bearish lean in everyone's outlook for 2013 agricultural commodity markets (see graph below). Presumably, there is a bearish and volatile view toward the U.S. government getting itself neatly out of its current fiscal pickle. Here is the calendar of upcoming events:LH Feb/FH March: The U.S. Treasury Department will run out of maneuvering tricks to avoid hitting the $16.394 trillion national debt ceiling.March 1: The Budget Control Act requires the imposition of automatic (sequestered spending) budget cuts across government, implying -7.6 to -8.2 percent cuts for most non-defense programs.March 27: The current temporary continuing resolution funding the government for fiscal 2013 expires.So the government:
is about to run o...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
Developer's Note 24 August 2026: WPI recently completed an exercise that updated the codebase for this app and solved some of the discrepancies between our five-year average calculation and USDA's. There are a few lingering cases where early (late) starts (finishes) to the crop cycle resu...
