U.S. House Ways & Means Trade Subcommittee Chair David Nunes (R-California) warned today that if President Obama fails to compel Congressional passage of Trade Promotion Authority this year, it will likely have to await a new leader in the White House. Threats to Obama and Japan U.S. House Ways & Means Trade Subcommittee Chair David Nunes (R-California) warned today that if President Obama fails to compel Congressional passage of Trade Promotion Authority this year, it will likely have to await a new leader in the White House since 2016 presidential election politics will begin in 2015. In other words, President Obama becomes a lame duck in 2015, and his legacy is sealed. The congressman also sent a warning to Tokyo that Congress...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.