Considering China Situation Impact Hog producers are awaiting a breakthrough in prices while packers’ margins remain high. The promise of increased exports has not made its way to the hog market – at least not yet. So, what is the outlook? The situation is the reverse from back in August. Packer margins in late summer hit their lowest since China and Mexico imposed retaliatory tariffs on U.S. pork, and hog prices rallied on anticipation of a breakthrough deal with China. This has all been driven on the speculation of when a breakthrough on China trade would take effect given the ASF influenced supply and demand situation there. According to Sterling Marketing’s Profit Tracker margins, last week farrow-to-finish po...
Energy: Risk Over Rules Fighting between the United States and Iran over control of the Strait of Hormuz escalated overnight. Tehran accused U.S. forces of striking a residential area after U.S. Central Command said its second round of attacks in three days targeted Iranian radar systems and mi...
Key Takeaways: Paraguay typically ranks among the world’s largest soybean exporters, with roughly two-thirds of its production destined for export markets, although most shipments remain within South America. As a landlocked country, Paraguay relies heavily on the Paraguay-Paraná...
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.