World Perspectives
livestock

Cattle on Feed

USDA will release its monthly Cattle on Feed report tomorrow. Pre-report estimates from the industry peg the total number of cattle on feed as of 1 May to be 104.8 percent of last year with April placements and marketings at 90.6 percent and 106 percent, respectively, of the totals for April 2017. Following are a few thoughts: With the vigorous pace of marketings versus placements, slaughter weights could be squeezed even though the yearly seasonal decline is about to end. The drop in placements must be viewed in context of the higher number last year; the 1 April inventory was the 16th consecutive month of increased year-over-year feedlot inventory. Fewer feeder cattle imports came from Canada and Mexico during April. Tomorrow&rs...

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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.

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