World Perspectives
livestock

Livestock Roundup: Bullish Feeder Pig Market

Bullish feeder pig prices could signal an expected return to improved profitability for hog production later this year.  

The 17 January National Direct Feeder Pig Report showed the weighted average (cash and formula) price of 10-12 pound early weaned pigs was $82.37 per head on a cash basis and $76.24 per head on a formula basis for a weighted average of $80.50 per head. The 40-pound feeder pig price was $98.98 per head on a cash basis. Early weaned pigs are up from a cash price of $35.43 per head and the formula price is up from $43.43 per head from the same week a year ago. Cash prices for 40-pound pigs doubled from last year’s $49.42 per head and the price for 10-12-pound pigs more than doubled, up $46.94 per head...

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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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