World Perspectives
livestock

Poultry Wins Meat Battle

The latest OECD-FAO Agricultural Outlook plots the growth outlook to 2033 for the major animal proteins and with little surprise, poultry expands its lead. With a per annum growth rate of 1.4 percent, poultry production expands at nearly three times the rate of increased pork production. However, the surprise is that the trend regression shows beef production expanding at a CAGR of 1.1 percent, albeit from a smaller base.   Poultry meat will account for half the expansion in global animal protein production over the coming decade. The expansion will occur most rapidly in developing countries, with poultry having a lower feed conversion cost and easier proximity to urban areas. The agencies cite the increased risk of avian influen...

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livestock

Livestock Roundup: Cattle on Feed Preview

USDA’s monthly Cattle on Feed report will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 99.1 percent of last year with the range of estimates between 98.7 and 99.7 percent of 1 September 2024. Those estimates imply an on-fee...

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From WPI Consulting

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.

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