Selective Fueling Information The government has mandated an enhanced fuel economy sticker on all new automobiles. The fuel economy rating must provide a vehicle rating relative to other vehicles, the goal being to coax people away from cars with lower gas mileage and preferably toward things the government subsidizes, like electric vehicles with supposedly 99 mpg. And the government has aggressively ramped up the mandated CAFE (Combined Automobile Fuel Economy) standard in future years. What is notable is that the new mileage sticker on cars warns, "Actual results will vary for many reasons," amongst which are listed driving conditions, how you drive and how you maintain your vehicle.Totally missing from the information is the fact that...
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.
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...