USDA will release its quarterly Hogs and Pigs report tomorrow. If expectations bear out, slaughter capacity could become very tight in November and December, likely putting bearish pressure on pork producers. Hogs and Pigs Report USDA will release its quarterly Hogs and Pigs report tomorrow. Pre-report guesstimates are that the U.S. swine herd as of 1 September will be about 101.1 percent of last year. The spread of guesses is very tight with the low estimates at 100.6 percent and the high at 102.3 percent. The expectation of hogs kept for marketing is also at 101.1 percent of last year, and that for sows kept for breeding is at 100.6 percent. Slower-paced slaughter earlier in the year until the rate picked up in July (slaughter w...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.