Europe and Japan are in a funk and lamenting that orthodox macroeconomic measures have failed to provide the stimulus needed to spur growth. Now it is being suggested that exceptional times call for exceptional measures. India Wins its Way The U.S., and eventually the WTO General Council, acceded to the demands from New Delhi that the country can have open right to run a food stockpiling operation. Actually, it is a peace clause until a permanent rule can be negotiated. In this case, however, the temporary becomes the permanent. The upside is that a globally helpful Trade Facilitation Agreement can now move forward. The downside is that the WTO and efforts to negotiate a new multilateral trade agreement have likely been given another knif...
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.