Livestock Live Hog Futures Stage Rally as Cash Prices Continue to Tank With the conclusion of China’s National Day Holiday last Thursday, the live hog futures market on the Dalian Commodity Exchange continued its October rally. The January 2022 contract, the leader by volume, ended last week up RMB 295/MT ($45.67/MT) from the week prior’s settled price to close at RMB 14,225/MT ($2,202.01/MT). That marked two straight weeks of increases since the last full week of September. With January 2022 corn futures contract closing at RMB 2,490/MT ($385.45/MT), the hog-corn ratio improved to 5.71. Through today, all live hog contracts have seen a significant jump this week with the January contract surging ahead by RMB 1,255/MT ($194.27...
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...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
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.