Hot Red Meat As American and European leaders are meeting there is yet another key transatlantic difference, but it needs no negotiation and that is meat. Red meat consumption is falling in the EU and policymakers in Brussels want it to fall even more. Like Americans, Europeans have consumed more meat than nutritionally necessary but there is no effort to reduce its dominance in the U.S. In fact, the headline by a major American farm organization reads, “A Hot Summer – and Even Hotter Red Meat Demand – Forecasted.” Even the more reliably pro-labor Biden Administration is hesitant to slow the flow of burgers and dogs at the summer barbeque. Labor won a court case forcing hog slaughter plants to slow their production...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.