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livestock

Livestock Round Up: Cattle on Feed and Semi-Annual Cattle Inventory Preview

Tomorrow, USDA will release its monthly Cattle on Feed report. Pre-report estimates from the industry peg the total number of cattle on feed as of 1 July at 99 percent of a year ago. The range of estimates was fairly narrow between 98 and 100 percent. The implied inventory of cattle on feed would be 11.3 million head, which would be the lowest July inventory in 10 years.   Placements in June are estimated at 94 percent of June 2020, the lowest in five years, while marketings are forecast at 102 percent which would be the highest in 10 years.   Year-to-date heifer and beef cow slaughter is 108 percent of a year ago, while total cattle slaughter is 106 percent of last year. For the same period, beef cow slaughter is 11...

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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

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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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