World Perspectives

Will Technology Complicate the Next Farm Bill?

In a recent interview with Politico, House Agriculture Committee chairman Collin Peterson (D-Minnesota) confirmed that he hasn’t decided whether he will run for re-election in 2020. A big factor in his forthcoming final decision: the 2022 farm bill. According to Peterson,  "It's getting harder every time to do a farm bill. It's a big commitment. So that's really what my main thing is — if I want to do that. Because then basically I feel like I have a responsibility to see it through.” The chairman is correct – farm bills are difficult. Consider the recent history. Congress passed a farm bill in 1990, but then passed the Food, Agriculture, Conservation, and Trade Act Amendments of 1991, which was then further r...

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feed-grains soy-oilseeds wheat

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FOB Prices and Freight Rates App (Updated 4 March)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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.

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