World Perspectives
livestock

WASDE, 2022 Cattle Prices and 2021 Pork Imports

Today’s WASDE shows total red meat and poultry production finishing the year slightly below last month’s forecasts, though up 0.3 percent from 2020. This month’s forecast increased beef production on increased slaughter and heavier slaughter weights, increased pork based on slaughter, and decreased broiler production on hatchery and slaughter rates.

But as we covered last week, broiler production is expected to rebound next year based on broiler chick hatching intended for placement. For year-over-year production, the WASDE forecast for broilers is an increase of 1.7 percent, though WPI believes it could be higher, at least for the first half of the year. Beef production in 2022 is forecast to come in about 3 percent be...

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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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