Of interest to agriculture, offsets for the cost of providing conservation assistance to private farm and ranch lands are included in the budget package.The House of Representatives is recessing today for the rest of 2013, so it passed a great deal of legislation yesterday that included a budget plan and a farm bill extension. The Senate is expected to ignore the farm bill extension, based largely on the administration's position of not planning to implement permanent law. It is likely to take up the budget next week with a much closer vote than the House.The budget package included a continuing resolution with the addition of the new provisions. It was a bipartisan vote, quite different from past efforts of the Republican leadership to try...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.