While the trend toward expanded meat consumption globally will still be a major driver in the agricultural sector, there is one element to be considered. Lighter Broilers and Hogs Heat in the South this summer has taken a toll on broiler weights. While going into mid-summer, slaughter weights were about 4 percent above the same period in 2014. This trend was expected to continue with good feeder margins, but the heat has made it difficult for birds to maintain these higher weights. The average slaughter weight for the week of 20-27 July was 5.94 pounds, about 2 percent lower than the 6.05 pound average weight so far in 2015. Broiler meat production was growing from both flock expansion and higher weights. The current weight is still large...
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.
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...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...