China has rejected somewhere between 10-20 cargos of U.S. corn found to have an unapproved GMO event. The next logical question is: what will happen if China follows suit with DDGS?First, Europe and now potentially China: GMOs are having an impact on DDGS trade. This week, according to market reports, China has rejected somewhere between 10-20 cargos of U.S. corn found to have an unapproved GMO event. China's actions, supported by its government, are suspected to be a move to slow down imports into its very bullish corn market. The next logical question is: what will happen if China follows suit with DDGS?There is a model from Europe. In the days before the 2005 Energy Policy Act and the first version of the renewable fuel standard (RFS) th...
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.
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...