World Perspectives
livestock

China Pork Purchase and Trade Deal Outlook; Big Pork Supplies Pressure Hog Prices

China Buys Pork amid Outlook for Bigger Trade Agreement While the U.S.-China trade talks continue, the most recent weekly export sales report from USDA shows that China was back in the market for U.S. pork for the week that ended 7 March.Net pork sales totaled 50,300 MMT with 47 percent (23,800 MT) destined to China. Other buyers included Mexico (8,900 MT), Japan (4,500 MT), Canada (2,900 MT) and Colombia (2,100 MT). Nicaragua cancelled a 200 MT shipment. The politics and posturing prior to the meeting between Presidents Trump and Xi, now said to be pushed back until next month at the earliest, has ramped up of late. President Trump has said there will be no final deal unless intellectual property (IP) protection is a part of it. He did n...

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Good Friday

Tomorrow, 29 March is a holiday for the CBOT/CME markets in observance of Good Friday. Please note that our office will also be closed. The next Ag Perspectives will be published Monday, 1 April. ...

feed-grains soy-oilseeds wheat

Market Commentary: Wow, Some Fun Information!

USDA’s much anticipated Prospective Plantings and Quarterly Stocks reports had few shockers, but they did shuffle the board a bit. First, the top line stuff: Corn Planted area was expected to drop due to higher input costs and lower prices, but USDA’s 90-million-acre number was at t...

livestock

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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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