Livestock China’s Live Hog Market Still Weak, Looks to May for a Recovery China’s National Bureau of Statistics (NBS) released its latest economic production statistics last week, showing domestic production totaled 23.95 MMT in Q1. That represented an uptick of 8.8 percent from a year ago. Among all meat categories, pork production saw a year-on-year increase of 14 percent. Meanwhile, China’s domestic hog inventory at the end of March totaled 422.53 million head, up 1.6 percent from the end of March 2022, while the reproductive sow inventory came in at 41.85 million head, still above the optimal goal of 41 million and somewhat surprising given the impact of attenuated African Swine Fever (ASF) strains. All...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
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.