World Perspectives

East and Gulf Port Workers on Strike

A port worker strike in the U.S. East Coast and Gulf Ports started today affecting container shipments, while a strike in Vancouver, Canada affecting grain shipments came to an end on Saturday with the final ratification vote to come this Friday, 4 October.  As WPI’s Matt Herrington reported yesterday,  The International Longshoremen’s Association union said its workers will go on strike Tuesday morning at the Atlantic and Gulf Coast ports. This would be the first coast-wide strike since 1977, and President Biden said he does not intend to intervene in negotiations. Even a short strike is expected to cause significant backlogs of cargoes across U.S. ports. As Matt also mentioned, the strike would “affect the a...

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wheat

Bearish Wheat Report, Bullish Foundation

USDA’s May WASDE report was perhaps surprisingly bearish wheat. Futures hit yet more new record lows again today. For the U.S., USDA found higher yields running into lower demand. Globally, the agency sees increasing production even in countries like Russia and China where conditions have...

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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.

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