The Canadian economy has been a winner during the commodities boom of recent years. With recent yearend figures now available, however, that appears to be changing and could affect the country's election outcome in 2015.The Canadian economy has been a winner during the commodities boom of recent years. It is the sixth-largest developed economy in the world and the largest trading partner with the U.S. In many cases, it is virtually and seamlessly connected with the U.S. economy. According to the World Bank, Canada's gross domestic product (GDP) grew at a faster pace than that of the U.S. or UK during five out of six years between 2008 and 2013 and during 10 out of 15 years since 2000. It rose more rapidly than those of Japan, Germany and Fr...
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.