This is a good year for U.S. rice as China has moved forward on an approval process for buying it, and now the Nikkei reports that Japanese consumers are being allowed to eat more of it. Controversial Clovis The media has characterized the nomination of Sam Clovis to be USDA undersecretary with responsibility for managing scientific research as the most controversial pick in 15 years. Most of the opposition is political, much as it was 15 years ago, but critics complain that he lacks a science background and doesn’t know agriculture. Teaching economics in northwest Iowa inherently involves agriculture, and it does not require a science degree to manage scientists. After all, of the eleven U.S. senators overseeing USDA agricultural researc...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.