Livestock China Meat Supply Projected to Increase in Last Quarter Of 2020 With the novel coronavirus largely contained and the economy firing on all cylinders in August, China’s meat supply appears on track to recover by the end of the year. Since the end of the Chinese New Year, poultry and hog production figures have risen at a steady pace. In fact, poultry supplies, particularly white feather broilers, have seemed to overshoot in the short-term, exceeding the pace of demand from school cafeterias, factory canteens, and fast food restaurants. With the GDP for the third quarter expected to surpass the 3.2 percent mark from the second quarter, market demand is quickly returning to normal. By the end of 2020, poultry meat output is e...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
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.