A coalition of 11 livestock, poultry and dairy groups have called for committee hearings on the proposal by Representative Bob Goodlatte (R-Virginia) to repeal the corn ethanol provisions of the Renewable Fuel Standard (RFS). Livestock Groups Rally Around Corn Ethanol RFS Repeal In a letter to the House Energy and Commerce Committee leadership, a coalition of 11 livestock, poultry and dairy groups called for committee hearings on the proposal by Representative Bob Goodlatte (R-Virginia) to repeal the corn ethanol provisions of the Renewable Fuel Standard (RFS), known as the RFS Reform Act of 2013. Rep. Goodlatte has another proposal to repeal the whole RFS, but the committee decided last year that it would look at reform and not repeal. R...
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.