With no appropriations bills completed, Congress will be back in session tomorrow with 16 legislative days before the month-long August recess. It will then reconvene 12 days before the end of the fiscal year. This threatens a government shutdown or, more likely, a continuing resolution.Congress will be back in session tomorrow after the Independence Day recess with 16 legislative days on the calendar before the month-long August recess. It is then scheduled to reconvene 8 September and be in session 12 days before the end of the fiscal year on 30 September. That leaves a number of appropriations and other matters on a fairly long "to do" list to be completed over a relatively short period.There are no appropriations bills completed. This w...
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.