World Perspectives

Rebalancing Global Meat; Unintended Water Consequences

Rebalancing Global Meat The UN’s Food and Agriculture Organization will present a plan at next week’s COP28 meeting in Dubai that calls for rich countries to eat less meat, while instructing developing countries to boost their livestock production to improve animal protein in their diets. The organization complains that agriculture contributes a third of global emissions, and livestock production composes a third of the emissions by agriculture. It also says livestock production leads to deforestation and other externalities. Based on that, the solution is not to slow livestock production where it already exists and is efficient. The solution is to trade meat from current production areas to places with diets deficient in prote...

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livestock

Livestock Industry Margins

Beef packer margins improved for a second consecutive week but remained firmly negative. Margins rose $70/head to –$179 as the Choice cutout advanced $4.56/cwt and fed cattle prices were largely stable. The recovery narrowed the gap between breakeven and cash cattle values to roughly $19/...

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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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