Nearly half the food consumed in the UK is imported, but it is poppycock to suggest that somehow the Brits now have a food security issue. Poppycock over UK Food and Trade Several articles over the past week have sought to assess the effect of Brexit on food and agriculture in the UK. The most common theme is that it is going to hurt. A typical refrain was written by Bee Wilson in the New Yorker: “The thorniest question, though, is how Britain will actually go about extricating its food supply from that of Europe.” It is a recognition that nearly half the food consumed in the UK is imported, but it is poppycock to suggest that somehow the Brits now have a food security issue.One writer tried to use mixed statistics to suggest a problem: “...
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.