The European Union’s commissioners will consider a change this Wednesday in the rules as to how GMOs are considered for approval; there is great frustration under the current procedure (comitology). Democracy versus Science The European Union’s commissioners will consider a change this Wednesday in the rules as to how GMOs are considered for approval. There is great frustration under the current procedure (comitology), whereby a majority of member states rather than a “qualified” majority (inter alia, representing at least 65 percent of the EU’s population) vote against approval of a GMO that nonetheless is subsequently approved by executive fiat. The quandary is that by lowering the hurdle to GMO approvals in order to strengthen the perc...
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.