Livestock China’s Live Hog Supply Rises as New Year Holiday Approaches With the New Year’s celebrations set to kick-off a week from this Friday, many Chinese citizens are preparing for trips back to their home provinces and communities. Some in areas in the northeast of the country, however, will not be able to travel due to lockdowns as a result of upticks in new COVID-19 cases. Meanwhile, market data suggest the hog supply is steadily improving, at least in the total aggregate. A further look at more detailed figures provided by the National Bureau of Statistics annual data release reveal some interesting trends at the regional level. Pork production in Sichuan, Shandong, and Guizhou province grew by 12 percent, 6 percent,...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.