The Senate today invoked cloture on the farm bill, meaning that debate is now limited to 30 hours. That limit should pare the number of amendments offered between now and the debate. Thus far, more than 200 have been filed. The amendment proposed by Senator Patrick Leahy (D-Vermont) that would deal with rural internet connections is the only one that is guaranteed a vote. Given the margin of the cloture vote, passage of the farm bill is expected early next week, perhaps as early as Monday, 10 June but definitely by 5:30 p.m. on Tuesday, 11 June, when the time expires. The Senate will then move to the immigration reform bill...
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.