April 1 2019 Cattle on Feed totaled 12.0 million head; 2 percent above April 1, 2018. This is the highest April 1 inventory since the series began in 1996. The inventory included 7.45 million steers and steer calves, down 1 percent from the previous year. This group accounted for 62 percent of the total inventory. Placements in feedlots during March totaled 2.01 million head, 5 percent above 2018. Marketings of fed cattle during March totaled 1.78 million head, 3 percent below 2018. Other disappearance totaled 69,000 head during March, 3 percent above 2018. ...
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.