Will Trump-Xi Meeting at G-20 Yield a Trade Agreement? Presidents Trump and Xi will meet on Saturday in Buenos Aires following the G-20 summit there. They are expected to discuss a range of topics, most importantly the ongoing trade dispute that has largely stopped U.S. soybean exports to China. Staff from both countries have reportedly been working on a possible resolution, although there is no evidence that a deal will be reached. The most likely outcome of the meeting will be a framework for working out an overall agreement later, which would likely involve both sides agreeing to a truce that includes stopping the imposition of any additional trade restrictions. This is the view of Lawrence J. Lau, an economics professor at the Chinese...
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.