World Perspectives

Wine Sovereignty; Pick Your Poison

Wine Sovereignty In a three-page joint declaration, fifteen states want flexibility to expand their production and self-sufficiency in wine, beer, and cheese through coupled support programs. They urged that there should be no restrictions and want “flexibilities… [and] not be required to demonstrate that the productions of wine, beer and cheese, or a mix between them encounter difficulties in order to grant them coupled income support.” The officials said this is a “way of effectively addressing many of the environmental and climactic challenges that American agriculture is facing.” They argued this will bring new economic opportunities for American farming. One leader declared that, “If we want to ac...

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Livestock Industry Margins

The pork industry saw production margins improve last week as strong pork demand lifted prices for both the pork cutout and physical hogs. Pork packer margins ticked slightly higher as gains in the pork market outpaced those in the hog market while higher lean hog futures and a slight dip in fe...

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feed-grains soy-oilseeds wheat

Market Commentary: Cattle Hit New Records while Wheat Hits New Lows; Planting in Focus

The CBOT was mostly lower to start the week with expectations of favorable planting progress in this afternoon’s Crop Progress report creating much of the pressure. Wheat was the big loser for the day with favorable weather in the major growing regions prompting a strong wave of selling f...

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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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