The U.S. wheat industry wrote a letter this week to Canadian officials that turned that government's successful arguments against America's country-of-origin labeling (COOL) requirement into reasons Ottawa needs to change its wheat import requirements. Silly TPA Amendments The U.S. Senate is going late into Friday night trying to find a way to complete the Trade Promotion Authority (TPA) bill. One hurdle is over 200 amendments ranging from the hypocritical (other countries have to give equal pay to women) to the moral (mandating other countries give equal rights to lesbians, gays, bisexuals and transgender people). The concepts open up all kinds of possibilities for the transatlantic negotiations such as Europe mandating that the U.S. fol...
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.