This weekend, presumptive Republican Presidential nominee Mitt Romney chose Representative Paul Ryan (R-Wisconsin) to be his vice presidential running mate. The general media portrays the chairman of the House Budget Committee as a budget cutter and deficit hawk (which he is), but typically has not commented on his connection to agriculture and his perspective on ag policy.Ryan is from southeastern Wisconsin, which is an ag state region. When he first came to Washington as a young staffer he worked for then-Representative (later Senator, now Governor) from Kansas Sam Brownback, who was ag commissioner before he was Congressman. Obviously, as Brownbeck's legislative director, he was exposed to ag issues.Outside of the spending issues, which...
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.