Several mid- and long-term fundamental trends in China have contributed to declining pig stocks in May compared with the previous month and the same period a year ago. Those same factors also do not bode well for the feed market. Oilseeds Soymeal Inventories Again Exceed 1 MMT Last week's combined soymeal inventories of China's major crushers reached an estimated 1.12 MMT, an increase of 197,200 MT (21.27 percent) over the previous week and a decrease of 50.86 percent compared with the same week in 2014. Among the surveyed regions, the largest gain occurred in Fujian Province with an increase of 103.86 percent to 134,300 MT after a sharp decline two weeks ago. The overall inventories in the northern region and Shandong Province rose by 7...
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.