USDA will release its monthly WASDE report next week on 12 July. This will be the first to include the tariffs in effect on U.S. ag exports to Canada and Mexico, which are retaliation for those imposed by the U.S. on steel and aluminum imports, in the projections. Canada has implemented new tariffs on $12.6 billion worth of U.S. goods. The retaliation list consists of items that will put political pressure on the Trump administration (e.g. steel, forest products and other manufactured goods) while trying to minimize the impact on Canadian consumers. Agricultural commodities and products subject to the duties include a number of processed products from sauces to condiments and confection but also beef. Mexico’s tariffs hit pork legs a...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.