Livestock China’s Meat Imports on Track for Record Year Although the pandemic and the ongoing trade war with the U.S. have caused many challenges with international trade, meat imports are headed for a record year. The most recent data from the China Customs Bureau show that of the 7.41 MMT of frozen meat imported through the first nine months of 2020, 59.3 percent was pork. The leading suppliers according to the Bureau’s report have been Spain, Brazil, and the U.S. with shares of 23.6 percent, 14.9 percent, and 14.8 percent, respectively. The outlook for the remainder of 2020 is that China will import an annual total of 9.5 MMT, the highest in history. That equates to roughly 50 MMT of feedstuffs, assuming a meat to feed rati...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.