World Perspectives
livestock

Winner, Winner Chicken Dinner

Inflation pressure has added tailwinds for the chicken sector. Food service operators have experienced lower traffic and have therefore resorted to promotions to attract customers, mainly featuring chicken. Restaurant traffic declined 2 percent in September, and 30 percent of commercial foodservice traffic over the past 12 months was driven by deals, according to Circana. At its recent Q3 earnings call, Pilgrim’s Pride CEO Fabio Sandri said that despite the lower traffic, chicken is growing in the food service sector by around 4 percent in volume. This trend has been particularly pronounced in quick-service restaurants. Chicken volume is up 6 percent and has changed the dynamics of the retail meat market. Reduced restaurant traffic ha...

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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.

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