USDA will release its monthly WASDE report next week on 12 July. This will be the first to include the tariffs in effect on U.S. ag exports to Canada and Mexico, which are retaliation for those imposed by the U.S. on steel and aluminum imports, in the projections. Canada has implemented new tariffs on $12.6 billion worth of U.S. goods. The retaliation list consists of items that will put political pressure on the Trump administration (e.g. steel, forest products and other manufactured goods) while trying to minimize the impact on Canadian consumers. Agricultural commodities and products subject to the duties include a number of processed products from sauces to condiments and confection but also beef. Mexico’s tariffs hit pork legs a...
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.