Broad Pain from Tomatoes The Commerce Department has preliminarily suspended a tomato antidumping agreement with Mexico that was negotiated back in 1996. The suspension will roil Mexican-U.S. relations. Although the share of the U.S. market held by American growers has declined through the years, the size of the overall market has grown. On the one hand, this is how the antidumping law works, and so que sera, sera. On the other, this cannot be good for American consumers or Mexican growers. If Mexico chooses to retaliate by reinitiating an antidumping law against U.S. chicken quarters or some other product, then all the more people will be hurt by the abrogation of the tomato agreement. Simply False The Kroger supermarket chain is intr...
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...