Livestock China’s Average Live Pig Price Soared 12 Percent Through Mid-March With all the chaos surrounding African swine fever (ASF), the publishing of weekly price data from 500 farm markets across China by the Ministry of Agriculture and Rural Affairs (MARA) appears to be unnecessarily suffering from a two-week time lag at the moment. While the exact reason behind the delay is unclear, which a year ago was normally a week, one explanation could be sorting out the disparity between prices in producing provinces and those in the heavily-populated consuming provinces on the coast. Nonetheless, the data through 13 March 2019 shows the national average live pig price rising RMB 1.55/kg ($0.23/kg) to RMB 14.46/kg ($2.15/kg) or RMB 0.70...
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.