USDA reports that U.S. Cattle on Feed is down 5 percent from 2019 in feedlots with capacity of 1,000 head or more – totaling 11.2 million head on May 1, 2020. Placements into feedlots in April totaled 1.43 million head - 22 percent below 2019. Placements were the second lowest for April since the series began in 1996. Marketings of fed cattle during April totaled 1.46 million head - 24 percent below 2019. April marketings are the lowest since the series began in 1996. Other disappearance totaled 70,000 head during April, 17 percent above 2019. ...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.