Europe has been a major producer, consumer, and exporter of pork but that is changing. Seven out of the top ten per capita consuming countries in the world were in Europe. Pork production peaked in 2021 and has fallen around 8 percent since then, in part due to ASF but it has also fallen out of favor. Increased pork exports initially replaced declining domestic demand but now that has fallen. The industry is not coming back. ASF has contributed to the decline, but its root cause is varied. There has also been downward pressure from an aging, declining population, concerns about health and the environment, plus increased regulatory burdens. ...
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.