Reform Process Continues The Indian government (GOI) is keen to continue the reform process it began back in 1991. While growth was positive in some years, it has lost momentum in the last two years. The prime minister was given flak for not doing enough, and India was on the verge of losing its credibility as a favored destination for investments.GOI last week made strong decisions that may not look good in the short term, but could be reflective of the prime minister's long-term goals. These reforms include increasing diesel prices, which will lead to higher inflation, and reducing the number of subsidized liquefied petroleum gas (LPG) connections. Maintaining the subsidy would have been a populist move, but businesses are pleased with...
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.