House Majority Leader Eric Cantor (R-Virginia) is working on a new version of the nutrition part of the farm bill to be sent to conference with the Senate Agriculture Committee. Work on the draft will continue through the August recess and, if successful, would reach the House floor once it returns on 10 September. With the Jewish holiday Yom Kippur and another recess week in September, there are five days of session before 30 September when the farm bill expires – time will be an issue.A group of 20 Republican lawmakers, led by Majority Leader Cantor, has been meeting to craft a nutrition title proposal to the House. It is presumed that they will employ the same strategy of trying to pass the bill with Republican votes only as...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...
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.