USDA will release the monthly Cattle on Feed report tomorrow. Industry expectations are for a number that confirms the lower marketings in August with the consensus average down 6.2 percent from July. Cattle on Feed USDA will release the monthly Cattle on Feed report tomorrow. Industry expectations are for a number that confirms the lower marketings in August with the consensus average down 6.2 percent from July. Placements of cattle on feed are expected to be up 0.3 percent in August over July. With marketings considerably down and placements slightly up, the total number of cattle on feed as of 1 September is expected to come in about 3.7 percent higher than on 1 August. Packers' margins were relatively weak during the summer months, an...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Beef packer margins plunged $105/head last week to $36/head as higher cattle prices combined with declining wholesale beef values to sharply compress packer profits. Fed cattle prices rose nearly $3/cwt to $227/cwt while the Choice cutout fell $4.75/cwt to $368/cwt. Margins have deteriorated $1...
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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.