USDA Reports that U.S. Cattle on Feed is up 2% on January 1, 2020. Placements in feedlots during December totaled 1.83 million head, 3% above 2019. Marketings of fed cattle during December totaled 1.83 million head, 5% above 2018. Other disappearance totaled 67,000 head during December, 11% below 2018. ...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.