World Perspectives
wheat livestock equities

Pork the Red Meat

Catching Up With the extended federal government shutdown, livestock marketing statistics are catching back up and the markets that rely on them for transparency are sorting themselves out. While the slaughter numbers above have no official statistics to compare with the previous week, we used WPI's interim weekly estimates to calculate cattle slaughter to be down 2.8 percent over the previous week and hog slaughter up 7.5 percent. However, again, those running totals from the previous week were SWAG estimates.This week's feeder cattle prices showed strength from the last reported data, up between $2.00-5.00/cwt from the last week of September – no doubt a sign of lower grain prices and so-far-so-good winter wheat plantings. The Cattle...

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livestock

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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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