Trump Globalism U.S. President Donald Trump is repeatedly called a nationalist and a protectionist. Robert Manning at the Brent Scowcroft Center claims that his reversal on joining the Trans-Pacific Partnership (TPP) reflects a nationalist being mugged by global economic realities. The depiction of such ignorance is awkward given that Trump globally built his commercially-branded product. Thus, former Singaporean official Bilahari Kausikan likely frames it more correctly by saying that Trump’s so-called retreat from globalism has been an “illusion.” There is nothing in the Trump administration’s published National Security Strategy that says retreat. Instead, the literal “framing” of Trump has been the p...
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...