It’s a holiday shortened week, but a big week for livestock reports from USDA. On Thursday, the quarterly Hogs and Pigs report comes out. (We’ve covered some of the issues in the market over the past two weeks, here and here). And the December Cattle on Feed report – which normally would be released on Friday – will be published a day early on Thursday. (Note, both reports came out on the same day on 24 September). Plus, the November monthly slaughter report will be published, which will put a finer point on beef and pork production for the month through updated slaughter and carcass weights as opposed to the initial estimates. First, the Hogs and Pigs report. There are a number of issues: creeping case...
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.
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...