Cattle on Feed Preview Tomorrow USDA will release its monthly Cattle on Feed report. The industry’s pre-report estimates peg the total number of cattle on feed as of 1 June at 101.3 percent of last year or 11.7 million head, which would be a record for that date. May placements are expected to be 96 percent of last year based on two factors: 1) the record number of cattle placed in previous months, and 2) bullish corn prices. Given the current corn market situation, this can be expected to be a trend through the second half of the year. Heavier cattle should make up a larger percentage of placements going forward as corn prices provide an incentive to delay moving feeder calves off the pasture and into feedlots. This will play out o...
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...
From WPI Consulting
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.