World Perspectives
livestock

Cold Storage Report Features More Pork, Poultry

The latest Cold Storage report from USDA (which features commodity stocks as of 31 October 2019) shows growing supplies of pork and chicken and a modest tightening in beef supplies. Total red meat supplies were up 1 percent from September but down 1 percent from year-ago levels.      Total beef in freezers fell 10 percent from year-ago levels and was basically unchanged (up 1 percent) from September. The freezer stocks should continue to support beef values though fed cattle supplies ready to be marketed (i.e., on feed 120 days or more as reported in the October Cattle on Feed report) may help boost beef stocks.      Bone-in beef stocks continue to compose a small share of total beef stocks as packe...

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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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