While China gets most of the attention on African Swine Fever just because of the volume of production adversely impacted, the Philippines has suffered a larger percentage drop in output. From peak to trough, Chinese pork production fell 30 percent, but Filipino production is off 32.8 percent. China’s hog herd has rebounded to around 92 percent of its pre-ASF level whereas the Philippines is now in its third wave of the disease and it has just been found in Leyte province. The impacts from ASF elsewhere around the globe have been relatively marginal, though the threat is ongoing. Globally, and excluding China and the Philippines, pork production is down 7.1 percent. The ASF outbreak in Germany has been confined to around 500 ca...
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...