The attached PDF shows WPI's summary analysis and interpretation for the latest Cold Storage report, published 22 October 2020 by the USDA. Briefly, the data show the meat and livestock industry is recovering from the supply-tightening effects covid-19 shutdowns this spring but also that strong exports are working against stocks-rebuilding efforts. WPI views the data as bullish pork and hog prices and, to a lesser extent, beef and cattle as well. Poultry stocks remain high, which will pressure prices but spur consumer demand...
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.