• USDA reports that August 1 U.S. Cattle on Feed inventory is slightly above year ago; This is the highest August 1 inventory since the series began in 1996. • Placements in feedlots during July totaled 1.71 million head, 2 percent below 2018. • Marketings of fed cattle during July totaled 2.00 million head, 7 percent above 2018. • Other disappearance totaled 71,000 head during July, 13 percent above 2018. ...
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.