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China In-Country Analysis

NDRC Announces New Hog Price Control Plan In an attempt to reverse a continued slump in China's hog market, the National Development and Reform Commission (NDRC) released a new plan aimed at stabilizing prices and improving farmer returns. Market interventions under the new scheme, dubbed the "Regulatory Plan to Ease the Cyclical Fluctuations in the Live Hog Market Price," will be tied to the hog-corn price ratio, like NDRC's "Hog Price Alert" program introduced in 2009. Measures will be taken whenever the price ratio dips below 6:1 or exceeds 8.5:1.In the 14 May announcement, NDRC notes that prices are now below 6:1, and therefore NDRC will introduce subsidies to encourage large-scale meat processors to increase their frozen pork stocks...

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feed-grains soy-oilseeds wheat

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livestock

Livestock Round Up: Cattle Margins and Distribution

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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.

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