Yesterday we wrote that House Minority Leader Nancy Pelosi (D-California) called the management of the farm bill "major amateur hour." We also predicted that there would be a lot of political finger pointing and blame assigning, noting the passage of the work requirement amendment to the Supplemental Nutrition Assistance Program (SNAP) proposed by Representative Steve Sutherland (R-Florida) was "likely the final tipping point for many Democratic votes." That prediction is coming true.Here is what Majority Leader Eric Cantor (R-Virginia) said about the farm bill: I'm extremely disappointed that Nancy Pelosi and Democratic leadership have at the last minute chosen to derail years of bipartisan work on the farm bill ... This bill was far 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.