World Perspectives
livestock

Cattle on Feed Forecasts; Hogs and Pork Outlook

Cattle on Feed It will be no surprise to WPI readers that the industry is expecting a bullish Cattle on Feed report this Friday. Supplies are expected to decline once again from year-ago levels. WPI’s models look for a 1.4 percent reduction in on-feed inventories as of 1 July, which is slightly above the average pre-report estimate from the Dow Jones’ survey. The reason for our forecast being above the average guess is that our placement models suggest a 2.4 percent increase in June placements, whereas the Dow Jones’ survey’s highest estimate was 100 percent of last year.  WPI readers will recall that there are few data sets from which to draw predictions about feeder cattle placements and they are essentially...

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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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