The EU has issued new regulatory restrictions mostly impacting American companies that could pose challenges for President-Elect Joe Biden. EU Competition Commissioner compares the proposals to the “first-ever traffic light that brought order in the streets,” but a Biden advisor says the taxation and the data privacy rules have the potential to be a “grenade.” The proposal out of Brussels is a triple whammy for U.S. tech companies: they will take legal responsibility for content, they must allow equal access to their platforms even by competitors, and they must make transparent their secret sauce, the proprietary algorithms that are the backroom of their businesses. And they will incur heavier taxes. Europe is ratio...
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.