Poultry and poultry products are among the most efficient converters of grain into animal protein products. The feed conversion ratio (FCR) for eggs at 2/1 or less is only beaten by farmed fish like catfish. The global average FCR includes backyard hens that may not be fed an optimal diet and thus have a lower FCR. Still, the farmgate price of eggs is highly correlated to the cost of corn, a primary feed ingredient. Eggs tend to be expensive in places like Hong Kong or Switzerland. The number one per capita consuming country for eggs is Mexico, at 409 eggs/year. Japan (337/capita) and Colombia (334/capita) are also high consumers of eggs. Must as poultry is substituted for pork and beef as animal protein prices rise, egg consumption should...
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.