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livestock

New Dairy Margin Protection Program Costs

The CBO's latest 10-year budget baseline estimates total costs of the Dairy Margin Protection Program (DMPP) have changed significantly from the April 2014  projection. New Dairy Margin Protection Program Costs The Congressional Budget Office (CBO) released its 10-year budget baseline estimates this week (as previously reported), which include the new Dairy Margin Protection Program (DMPP). It is projecting a relatively stable herd size over the next 10 years that expands slightly through 2018 but with production yields per cow increasing.The estimated total costs of the DMPP are down significantly from the last detailed baseline projection released in April 2014. While the first two years of the program see increased estimated costs...

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livestock

Livestock Round Up: Cattle Margins and Distribution

The recent February World Agricultural Supply and Demand Estimates (WASDE) report forecast beef production to increase in 2026 due to greater slaughter of steers and heifers, increased cow slaughter, and heavier dressed weights, all of which will provide some relief to the beef market. Also, th...

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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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