While the House of Representatives will not return to session now until 1 February, the Senate has enough members in DC to convene tomorrow morning. That body will take upt he Energy Policy Modernization Act of 2015, a likely magnet for the political messaging that will ultimately doom it.Traders often refer to “weather markets” to describe the situation when all other fundamentals are relatively stable and the probability of good or bad weather will affect commodity production. This week Washington, DC will be experiencing weather politics as this is the driving force behind the U.S. Senate’s plan to take up an energy bill. Winter Storm Jonas hit the DC area on Friday after most lawmakers had earlier left Washington for their home states a...
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.