World Perspectives
livestock

Pork Export Rebound Just in Time

The pent-up global pork demand is finally starting to take effect, and it would appear just in time for U.S. producers.  July pork exports from the U.S. were 233,242 MT. That is an all-time monthly record (ahead of the previous record set in April 2018) and 132 percent of July 2018.  Moreover, the value of those exports was $623.3 million, which was 134 percent of the same month last year and an all-time monthly record beating the previous high mark from November 2017.  That has helped hog prices move above their three-year average. Pork production typically increases in the September-November quarter with more hogs coming to market at heavier weights. On top of that seasonal pattern, however, the pig crop during the March...

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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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