November total red meat and poultry stocks were down from October and fell 11.3 percent from November 2020. Once again, pork and chicken stocks posted five-year lows in this month's report. The surprises this month came from beef stocks (up 4.2 percent) and chicken stocks (down 2 percent), which failed to follow their normal seasonal patterns. Total red meat supplies fell by less than their typial pace, which may signal a slowdown in consumer demand, while total poultry stocks were drawndown by a larger-than-normal degree. ...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.