Livestock Live Hog and Broiler Prices Again Head in Opposite Directions Domestic hog prices continued to remain under pressure last week from excess market supply and edged down by .9 percent. That amounted to a week-on-week decrease of RMB .13/kg ($.02/kg) or RMB .06/lb. ($.009/lb.). Lower prices further expanded the average operating loss per live pig by 18.4 percent or RMB 16/head ($2.46/head). On the futures market, the September live hog contract on the Dalian Commodity Exchange ended last week down RMB 1,005/MT ($154.62/MT) from the previous week’s settlement price to close at RMB 15,860/MT ($2,440/MT). That resulted in the hog-corn ratio finishing at 6.24, well below where China’s central government has indicated it wou...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...
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.