China: How Much Meat? The China-based agriculture consultancy JCI issued a report critiquing western media reports on the meat situation in the Middle Kingdom. It argues that China’s pork production will rebound much more quickly than westerners think, and that continued rapid growth in “expensive” meat imports is unsustainable. If China’s meat imports hit 6 MMT this year, it will represent less than 9 percent of that country’s domestic pork, beef and chicken production. Meat imports have been growing at 15 percent per year and JCI proclaims that is unsustainable. They leave U.S. supplies out of their analysis and simply project that ASF will drive up European pork prices and make imports by China unaff...
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.