World Perspectives
feed-grains soy-oilseeds livestock

China In-Country Analysis

Livestock Live Pig Price Crosses Rmb 30/Kg Threshold Over the course of the holiday celebrations, China’s hog price jumped to an official all-time record (RMB 30.79/kg; 4.36/kg or RMB 13.97/lb; $1.98/lb.). This translated into an increase of RMB 3.64/kg ($.51/kg) or RMB 1.65/lb. ($.23/lb.) since mid-September.   The sharp increase has hit the pocketbook of China’s households in a significant way and is pushing consumers toward other meat, seafood, and even non-meat options for their protein sources. According to recent data from China’s National Bureau of Statistics, consumer spending on pork as a share of food expenditures has been falling since early summer to about 15 percent as of September. Normally, pork...

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feed-grains soy-oilseeds wheat

China In-Country Analysis

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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.

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