States versus Canada At least two U.S. states (Wyoming and Oklahoma) are considering their own country-of-origin labeling requirement on beef. Colorado earlier rejected the approach. This has caught the eye of the Ontario government, which says that it will retaliate against Buy America provisions. Also, the Canadian government is investigating via the WTO the fact that California enables processors to pay less for milk if its resulting products are destined for export. Ottawa is describing it as an export subsidy, but farmer selling at a lower price has not typically been construed a subsidy. The states deserve pushback on their protectionist efforts, although it is quite rich that it is Canada doing the complaining. The list of Canadian...
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.