The House of Representatives passed the veterans and military construction appropriations bill yesterday (on a party line vote) but couldn’t move forward on a rule to bring the ag appropriations to the floor for consideration. This bill – which also funds FDA and is tied up in the abortion debate – has become controversial over the level of spending cuts (see WPI coverage from Monday) and provisions to reform SNAP. Failing to get the bill to the floor, the House adjourned for a six week August recess. On Monday we reported that Congress would get back on 4 September; that schedule is now actually 12 September, which means when they get back, there will be 12 days to pass the ag appropriations bill, and 10 othe...
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.