Indications from Capitol Hill suggest that the package could be released tomorrow, 15 December. House Speaker Paul Ryan says he remains committed to allowing members time to review the package, perhaps up to three days, which would require another short-term continuing resolution.There is still no final omnibus spending bill package at the time of this report. The hoped-for schedule was to finalize it this weekend, allow members two to three days to study it and then likely release the package today for a vote on Tuesday or Wednesday just before the midnight deadline on 16 December. As House Speaker Paul Ryan said last Friday, “Deadlines come and deadlines go. We want to get this right.”Ryan says he remains committed to allowing members tim...
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.