World Perspectives
livestock

Livestock Round-Up: COVID Meat Impact Recovery - Processing, Retail, Restaurants and Exports

The idling of several packing plants is now having a trickledown impact through the value chain. After Smithfield closed its Sioux Falls pork packing plant, its also closed a plant in Missouri that makes ham and processed products and a plant in Wisconsin that makes bacon and sausage. Both receive raw material from Sioux Falls. Likewise, a Cargill case ready plant in Pennsylvania has also been idled. These of course are in addition to the actual slaughter operations that are idled. The table below, which we have been updating daily, shows the facilities impacted.

Of course, the impact of interrupted plant operations is trickling upstream to the livestock markets. Meat prices are on a roller-coaster ride. Prices for certain cuts went from...

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From WPI Consulting

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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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