World Perspectives
livestock

McRib-O-Nomics and Pork Supply

McDonald’s has announced that it will bring back its seasonal and iconic McRib sandwich this year. The McRib has almost a cultish following. In fact, there is a “McRib locator” blog on the internet, because not only is the sandwich seasonal, typically it’s regional as well. But in 2020 it will be available nationally, adding about 40 percent more stores than in 2019. The regionality thing is mostly marketing - in some areas of the country it is just not as big a hit as it is in other areas. But in the COVID era, comfort food rules.  But the real driver of the seasonality is the supply of pork. The sandwich is made from the shoulder butt primal (and trimmings). Look at the monthly average prices of that primal,...

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soy-oilseeds

U.S. Soybean Crush Margin Outlook

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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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