Changes made to Canada's temporary foreign worker plan in June are having a negative impact on the meat packing industry and export expansion. This is due to a resulting labor shortage as Canadians are unwilling to work in the sector despite industry recruitment effort. Immigration Clampdown in Canada Impacting Pork Exports While immigration policy is a hot topic in the U.S. with the president's executive action delaying deportation of some illegal aliens and 17 states filing suit over it on the eve of the 114th Congress, a time when many ag interests had hoped to work out an agricultural workers immigration reform bill, Canada is having its own related issues. In June, its temporary foreign worker plan capped the number of workers, reduc...
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...