Senate Majority Leader John Thune (R-SD) and Senator Dick Durbin (D-IL) headed a letter of 15 other bipartisan Senators asking President Trump to permit the year-round sale of E15 fuel through the summer of 2025. The letter encouraged the use of temporary waivers under the Clean Air Act to extend the Reid vapor pressure waiver through the summer driving season. The letter says that the waivers will… allow our domestic energy supply chain to continue to quickly and reliably respond to fuel supply challenges brought on, in part, by the war in Ukraine, which unfortunately continues to weigh on global energy and security. The Senators also note that the letter is in line with the President’s Executive Order (EO) that directs...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
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.