Transatlantic Firing Squad The WTO approved 71 percent of the amount the U.S. requested as retaliation for Europe’s subsidization of Airbus aircraft. Washington is likely to impose $7.5 billion worth of tariffs and/or withdraw trade concessions after getting final approval from the Dispute Settlement Body late this month. The EU would like the U.S. to instead call a truce and negotiate a bilateral settlement that encompasses an expected WTO ruling against state support for Boeing. However, that is an unlikely outcome. First, the Trump Administration feels slighted by Brussels, which refuses to negotiate a comprehensive “free, fair and reciprocal” trade agreement with Washington. President Trump was to renew his fru...
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.