WASDE and Exports USDA’s November WASDE report of today projects slightly lower beef and pork production but slightly higher broiler production versus last month’s estimates. The beef forecast is reduced 0.5 percent based on expected slower fed cattle marketing and lighter carcass weights in the coming quarter, and per capita domestic consumption is projected to be down three-tenths of a pound. The pork forecast is lowered 0.33 percent based on a slightly slower slaughter rate, but there is no change in estimated domestic demand. Broiler production is forecast to be 0.25 percent higher based on more birds, and domestic consumption is forecast to be up by a half-pound. The forecast for broiler exports is reduced by nearly...
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...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.