The latest OECD-FAO Agricultural Outlook plots the growth outlook to 2033 for the major animal proteins and with little surprise, poultry expands its lead. With a per annum growth rate of 1.4 percent, poultry production expands at nearly three times the rate of increased pork production. However, the surprise is that the trend regression shows beef production expanding at a CAGR of 1.1 percent, albeit from a smaller base. Poultry meat will account for half the expansion in global animal protein production over the coming decade. The expansion will occur most rapidly in developing countries, with poultry having a lower feed conversion cost and easier proximity to urban areas. The agencies cite the increased risk of avian influen...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...