South Korea has once again completely banned all imports of U.S. broiler meat due to a geographically limited outbreak of highly pathogenic avian influenza (HPAI). Seoul uses such limited disease outbreaks in the U.S. solely to protects its farmers from competition. KORUS Shortcoming The state of Indiana produces just 0.155 percent of the broilers in the United States. While it is more important in turkey production, the bottom line is that South Korea has once again completely banned all imports of U.S. broiler meat due to a geographically limited outbreak of highly pathogenic avian influenza (HPAI). By contrast, trading partner Japan has limited the import ban to just birds from Indiana. The driving force for Seoul is not animal health...
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.
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...