The Bureau of Labor Statistics will release the Consumer Price Index (CPI) data tomorrow. The pre-report expectation is for an annual rate of 7.3 percent (compared to 7.8 percent in October) and a November monthly rate of 0.2 percent (compared to a monthly rate of 0.4 percent in October). Last week the Producer Price Index (PPI) came in at 0.3 percent, which was above the 0.2 percent consensus expectation and 7.4 percent for the year. The “core” PPI – excluding ag and energy – rose 0.4 percent in November. The PPI actually declined in July and showed no change in August, which is when energy prices declined before spiking again in September by 0.4 percent. Which brings up the value of the U.S. dollar. From th...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
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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.