World Perspectives
soy-oilseeds livestock

Beans Make Meat

The USDA/FAS attaché in Lagos says that Nigerian soybean production and consumption is back on the rise. Soybean consumption will rise 38 percent in 2021/22 and production is up 43 percent compared to the estimate for 2020/21. Based on historical demand, this likely means that the country’s poultry production is also rising again after both it and soybean production stalled out in 2019/20.  Nigeria has been underperforming in agriculture for several years despite many efforts to formalize its poultry production in lieu of the traditional bush meat (pangolin, crocodile, grass cutters) that is consumed. Not only will poultry production improve the diet of the average Nigerian, but it will also preserve wildlife and help red...

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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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