December total red meat and poultry stocks were up from November but remained down 11.2 percent from December 2020. Once again, total pork and poultry stocks posted five-year lows in this month's report. The surprises this month were from persistently low pork and chicken stocks (especially chicken breasts), which did not rebound as much as expected. Beef stocks grew by a rate that exceeded their normal November-December increase as record high prices prompted end users to retain greater freezer stocks. ...
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.