A Chinese newspaper reported that Beijing will block imports of U.S. grain should the American government impose a 35 percent tariff on imports as threatened by Donald Trump. This is why the White House is more likely to accede to the congressional Republican approach. Consumption Tax A Chinese newspaper reported that Beijing will block imports of U.S. grain should the American government impose a 35 percent tariff on imports as threatened by Donald Trump. This is why the White House is more likely to accede to congressional Republicans’ efforts to instead tax imports but not exports through the tax code. They argue that it is being designed to tax consumption rather than income, making it equivalent to the value-added tax (VAT) that is u...
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.