Russia and China are two significant export markets for the meat and poultry sector, and they have the potential to be even more so in the future. However, that will likely be decided by Donald Trump's foreign policy and trade negotiating stance, which will begin to unfold over the course of this year.Russia and China are two significant export markets for the meat and poultry sector, especially for pork and broiler meat, and they have the potential to be even more so in the future. Currently as well as historically, both are volatile and unreliable (see chart below) with China particularly remaining underdeveloped. In short, these two countries could be important drivers of growth for U.S. poultry and livestock, but they are clouded with a...
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...