Livestock China’s Breeding Pig Restocking Efforts 0n Track Through the first nine months of 2020, China has imported 15,400 head, an increase of 1,407 percent from the same period in 2019 according to Customs Bureau data. The outlook for the fourth quarter remains robust as projections suggest the total may surpass an additional 4,600 head, bringing the 2020 total to above 20,000 head. That would translate into a new historical record for breeder pig imports in a single year. As noted two weeks ago, the last data release from China’s National Bureau of Statistics showed that reproductive sow inventory had recovered to 38.22 million, a 28 percent year-on-year increase from September 2019. That would mean the country&rsqu...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.