The EU may reach agreement on a €750 billion package of grants and loans that boasts of a “green component” to further the bloc’s contribution toward fighting climate change. That component is €30 billion, or 4 percent of the total. There is also €40 billion to help wean Europeans off fossil fuels. Meanwhile, Germany is opening another coal-fired electric plant called Datteln-4. Some view the new funds as green washing while others say the EU is moving in the right direction. Some Americans are worried that the country is opening back up too soon and fear a relapse of the coronavirus. Others describe the shutdown as a real-life experience with communism due to censored talk, bans on large gatherings, curtai...
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.