Livestock Major Live Hog Companies Target Increased Capacity in 2022 Even with live hog prices down year-on-year by 54.8 percent and the corn-hog ratio in the dumpster, China’s “Pork Concept Companies” are pursuing market dominance. According to the latest corporate announcements and filings, sales from the major domestic hog producers rose in December. Muyuan Foods led the way with a total of 5.02 million live hogs sold at an average price of RMB 14.75/kg ($1.05/lb.) for the month, raising its total for all 2021 to just over 40 million head. Muyuan ended the year with an inventory of 2.83 million reproductive sows and has set an ambitious hog production goal of 60 million head for 2022. With a flurry of new investments,...
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.