During a markup session before the Senate Finance Committee last night, Senate Democrats chose to help President Obama on trade and only pay lip service to their union labor base. Hillary's Sister Souljah Moment Politics is full of irony. Hillary Clinton, pre-imminent Democratic Party candidate for president, is being asked to declare whether she is for or against free trade. Her husband Bill faced a similar dilemma 23 years ago in his campaign for the White House in what became known as his "Sister Souljah moment." To quote Wikipedia, "a Sister Souljah moment is a politician's public repudiation of an extremist person or group, statement, or position perceived to have some association with the politician or the politician's party."During...
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.
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...