With the congressional midterm elections in the offing, political calculations are obviously at the root of everything. While this should prove to be a raucous session, both sides agree that they don't want another government shutdown like last year.Congress is back in session after a five-week recess and will be taking up a number matters before its November election break. With the congressional midterm elections in the offing, political calculations are obviously at the root of everything. The House will be in session for 12 days and the Senate for 15 days before they adjourn in October prior to the 4 November elections. The top priority will be a funding bill, known as a continuing resolution (CR), which will keep the government open. F...
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.