World Perspectives
livestock

Cows and Milk Production Up in 2021; New Dairy Support Programs Announced

USDA’s most recent monthly dairy data shows that the number of milk cows declined in July for the second month in a row, after increasing month-over-month since July 2020. The expansion started after the initial impact of the COVID-19 pandemic which hit during the “spring flush” in April, May, and June, when dairy purchase programs sparked rebounding Class III milk prices. Despite the month-over-month drop in July 2021, total dairy cows at 9.5 million head, were 102 percent of July 2019 and 101.4 percent of July 2020.

Additionally, milk production per cow in July was up 11 pounds, or 0.5 percent compared to July 2020. Per cow production has been higher in 2021 compared to 2020 for every month except February – whi...

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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.

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