Ever since the tit-for-tat tariff war between the U.S. and China began last July, the dispute has dominated the trade agenda within the Trump administration, Congress and the business community. U.S. agricultural products have been a key target of China’s retaliatory tariffs, picked because farmers and ranchers were an important part of President Trump’s base support in the 2016 election. They will also be relied upon for support during the 2020 campaign. Agricultural markets have been particularly sensitive to the ups and downs of the several months of spasmodic U.S.-Chinese negotiations aimed at resolving the conflict. A string of optimistic and pessimistic comments coming from U.S. and Chinese negotiators as well as Presiden...
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: 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...