World Perspectives
livestock

Livestock Roundup

USDA released is September WASDE today. Broiler production is expected to increase, based on higher slaughter and heavier weights. Beef, pork and turkey are all down from last month’s estimates based on slaughter pace and lighter weights. But, if you take the quarterly production data, and projected quarterly levels of production to approximate the crop marketing year, total red meat and poultry production, it implies an increase of 1.5 percent in production. That raises and interesting observation. While all the focus regarding the uncertain supply and demand situation for corn has been on USDA’s projection of acres and yields, today’s WASDE also shows feed use of corn down 1.9 percent from the last crop year, which does...

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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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