World Perspectives
livestock

Red Meat Exports Down

A CoBank report this week predicted a two-year erosion in meat prices due to a decline in exports stemming from a stronger U.S. dollar and increased U.S. production. Red Meat Exports Down The U.S. Meat Export Federation's (USMEF's) monthly export statistics show that red meat exports decreased during the first seven months of 2015 compared with the same period last year. Pork's total was 991,521 MT against 1,022,946 MT during January-July 2014. Beef exports were also down to 444,103 MT versus 492,856 MT last year, a drop of 10 percent. This trend was highlighted by a CoBank report this week that predicted a two-year erosion in meat prices due to a decline in exports stemming from a stronger U.S. dollar and increased U.S. production. Accor...

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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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