USDA released its cold storage report yesterday afternoon with a few surprises for the trade, while today's Quarterly Hogs and Pigs Report indicates that pork supplies are likely to grow in 2015.USDA released its cold storage report yesterday afternoon with a few surprises for the trade. Pork was down, beef was up. As of the end of November, the amount of pork in commercial cold storage was down to 485.8 million pounds compared to 524 million pounds a month earlier and 546.2 million pounds a year ago. That was a 7.3 percent decline on the month and an 11.1 percent drop for the year, more than was expected pre-report. The monthly drop was 38.2 million pounds, which compares with a five-year average monthly drop in November of 20.9 million po...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
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.