Election Economic Impacts With the U.S. presidential race neck and neck, policy planners have begun mapping out scenarios for fiscal management and trade policy ahead of votes even being counted.Romney Story: It is generally assumed that should Mitt Romney win, the so-called fiscal cliff is less likely to be breached in January. This is because a new president will be given a period of time in which to plan and collaborate with Congress on policy changes. The Republican nominee's representatives are suggesting that instead of being ideological, he will focus 100 percent on economic recovery and that raising taxes is a "mathematical necessity." Finally, they suggest that the fiscal calamity is less likely with a new vice president who is...
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...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...
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.