In anticipation of the House budget plan, social media sites and conventional media outlets are all atwitter. House Budget Committee Chairman Paul Ryan (R-Wisconsin) this weekend tweeted that "a budget that tackles our generation's defining challenges (and) doesn't hide from tough decisions" is "coming this week."The New York Times reported that a markup of the budget will happen on Wednesday, 21 March, which means the budget plan should come out tomorrow, Tuesday, 20 March. We can expect a budget plan markup by 10 a.m. this Wednesday.Of course, the political calculus of having quick action on the budget is keen. The more the budget proposal lies around, the more difficult the situation is -- just look at the Deficit Reduction Act. It calle...
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.
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
Key Takeaways: Brazil’s growing role in global agriculture is accompanied by a major vulnerability: the country imports approximately 88 percent of its fertilizer needs. High natural gas costs and development challenges have limited domestic nitrogen and potash production despite Brazil&...