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livestock

WASDE Livestock

The meat and livestock projections in today’s WASDE were not as full of fireworks as the grain projections. Compared to last month’s projections, beef and broilers were adjusted down some and pork production was raised. The beef adjustment is based on lighter placements late in 2020 and expected lighter slaughter weights given feed costs. But for the year-over-year all three species are up, lead by pork with beef only slightly. 

Livestock and poultry prices rebound over last year’s COVID pandemic reduced slaughter capacity and backup, with the biggest changes for hogs – which are up more than 5 percent from the December projection. That is the only species with a price projection that comes close to offsettin...

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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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