U.S. Cattle on Feed is up 1.5 percent for feedlots with capacity of 1,000 or more head totaled 11.3 million head on August 1, 2020. This is the highest August 1 inventory since the series began in 1996. Placements in feedlots during July totaled 1.89 million head, 11 percent above 2019. Net placements were 1.84 million head. Marketings of fed cattle during July totaled 1.99 million head, 1 percent below 2019. Other disappearance totaled 57,000 head during July, 20 percent below 2019. ...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...