• U.S. Cattle on Feed was 11.8 million head on March 1, 2020 - slightly above March 1, 2019. • Placements during February totaled 1.71 million head and were 8 percent below 2019. • Marketings during February totaled 1.78 million head and were 5 percent above 2019. • Other disappearance during February were 12 percent below 2019...
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.