Politics are once again the tail wagging the dog in commodity markets. U.S. negotiations with Iran fell apart (again) over the weekend after Iran refused to agree to a permanent end of its nuclear weapons program. Rather than a return to the recent status quo, however, markets are adjusting to...
Commodity markets were mixed today, while Wall Street traded higher after President Trump said the Iranians still want to negotiate after he closed the Strait of Hormuz. The result is baffling to some, but the market reflects investor expectations about future corporate earnings and growth rath...
JBS USA announced on Sunday that it has reached a new collective bargaining agreement with UFCW Local 7, allowing the Greeley beef production facility to return to normal operations. The plant had been on strike since 16 March, with approximately 3,800 workers affected. The plant has the capaci...
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.