Livestock China’s Ag Ministry Pushes Hog Industry Toward Moderation The market exuberance regarding the nationwide recovery in hog prices that ran from early June through mid-July has been tempered the past few weeks. Last Friday on 29 July, in response to slowing consumer demand and the recent rebound in the reproductive sow inventory, the Ministry of Agriculture and Rurals Affairs (MARA) convened a high-level internal meeting. There, the minister gave a keynote speech about the major role of MARA in strengthening its market monitoring and alerting system for producers in order to give them proper guidance in stabilizing domestic pork production. At the same time, newly published government statistics show the number of newly regi...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.