USDA reported that the combined total of all cattle and calves in the United States and Canada on 1 July 2015 showed an increase from last year. However, each country's rate of herd rebuilding is at a different level. U.S. and Canadian Cattle Inventory According to a USDA report, the combined total of all cattle and calves in the United States and Canada was 111.4 million head on 1 July 2015, up 2 percent from last year's 109.6 million. Of that total, the 44.5 million cows and heifers that have calved represent a 1 percent increase from 2014. The report shows strong herd rebuilding in the U.S. with heifers for beef cow replacement up 7 percent over last year at 4.9 million head. Cows and heifers that have calved in the U.S. are up 3 perce...
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.