Intervention by President Obama seems highly unlikely, but 61 agricultural groups have nonetheless written to him asking that he intercede in the protracted longshoremen's labor dispute. Help is Unlikely Intervention by President Obama seems highly unlikely, but 61 agricultural groups have nonetheless written to him asking that he intercede in the protracted longshoremen's labor dispute. The ag groups claim adverse impacts, particularly with perishable and specialty crops, but also trade disruptions affecting exports of livestock products, rice and agricultural inputs. Likely Helped By contrast, members of the Commodity Futures Trading Commission (CFTC) have likely helped themselves via their positioning in recent months in ways more re...
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.