Livestock China Meat Supply Projected to Increase in Last Quarter Of 2020 With the novel coronavirus largely contained and the economy firing on all cylinders in August, China’s meat supply appears on track to recover by the end of the year. Since the end of the Chinese New Year, poultry and hog production figures have risen at a steady pace. In fact, poultry supplies, particularly white feather broilers, have seemed to overshoot in the short-term, exceeding the pace of demand from school cafeterias, factory canteens, and fast food restaurants. With the GDP for the third quarter expected to surpass the 3.2 percent mark from the second quarter, market demand is quickly returning to normal. By the end of 2020, poultry meat output is e...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.