World Perspectives

Polling the Farm Bill

As the House Agriculture Committee convenes its farm bill markup tomorrow, there is some recent data about farm-based perspectives on the bill that is interesting and potentially meaningful in terms of how a final conference report comes out.A study conducted by the Agriculture and Food Policy Center (AFPC) at Texas A&M shows that the county-based Ag Risk Coverage (ARC) option in the House farm bill would be more preferred by a group of 64 representative farms than the Senate version. According to House Ag Committee Chairman Frank Lucas (R-Oklahoma), the report reveals that "farmers are better off under the risk management option that marries a strong crop insurance policy with a farm bill that focuses on providing real price protection...

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Trade Deals Being Worked on With Japan, China, and the EU

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feed-grains soy-oilseeds wheat

Market Commentary: Mostly a Low Volume, Higher Close Day

It was the lowest trading volume day of the week for grains and soybeans. It started with soyoil the only major contract trading lower, but by mid-session it had been joined by old crop corn. New crop corn joined all three wheats and soybeans with a higher close. Hogs opened lower but then reve...

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Japanese trade negotiator Ryosei Akazawa is in D.C. to talk trade. During a two-hour meeting with various officials, including Treasury Secretary Scott Bessent, Akazawa called for a review of recent U.S. tariffs, and Prime Minister Shigeru Ishiba said today Japan will not sacrifice its national...

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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.

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