World Perspectives
livestock

Cattle On Feed

USDA released its monthly Cattle on Feed (COF) report last Friday. The total number of cattle in feedlots with a 1,000 plus capacity as of 1 April was 11.7 million head or 107 percent of last year. It was also the same total as on 1 March 2018 when the inventory showed 9 percent growth. Following are a few notable metrics: This was the sixth month in a row that the inventory has grown 5 percent or more. This was 16th consecutive month that the inventory has been larger than the year prior. This was the second-largest 1 April inventory on record. Of the 12 states where inventory numbers are reported, only Idaho saw a decrease at 96 percent of 2017. Signs that this might be the crest of the bow wave include the reduction in placemen...

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livestock

WASDE Livestock

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feed-grains soy-oilseeds wheat

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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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