World Perspectives
livestock

Cattle on Feed

1. United States Cattle on Feed Up 5 Percent  2. Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.7 million head on May 1, 2021. This is the second highest May 1 inventory since the series began in 1996. 3. Placements in feedlots during April totaled 1.82 million head, 27 percent above 2020.  4. Marketings of fed cattle during April totaled 1.94 million head, 33 percent above 2020.  5. Other disappearance totaled 55,000 head during April, 21 percent below 2020. Other disappearance was the lowest for April since the series began in 1996.  ...

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livestock

Livestock Industry Margins

Beef packer margins reversed sharply to -$17/head from $120/head the prior week, as rising fed cattle prices more than offset a modest decline in the Choice cutout. Fed cattle prices increased $12.92/cwt from the prior week while the cutout slipped $3.24/cwt, compressing gross margins and pushi...

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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.

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