Section 2611 of the 2014 Farm Bill links a farmer's eligibility for the premium crop insurance subsidy to compliance with conservation provisions of the 1985 Food Security Act. USDA sent the proposed interim rule on conservation compliance to the Office of Management and Budget yesterday.The 2014 Farm Bill linked crop insurance to conservation compliance and wetlands conversion. This was easily adopted in the Senate based on an amendment offered by Senator Saxby Chambliss (R-Georgia), while that language became highly controversial in the House. USDA sent the proposed interim rule on conservation compliance to the Office of Management and Budget yesterday, and it will soon be published in the Federal Register.Specifically, section 2611 of t...
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.
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...