World Perspectives
livestock

Cattle on Feed

U.S. Cattle on Feed was up 1 percent on October 1, 2023 for cattle and calves in feedlots with capacity of 1,000 or more head - to total totaled 11.6 million. This was the second highest October 1 inventory since the series began in 1996.  Placements in feedlots during September totaled 2.21 million head, 6 percent above 2022.  Marketings of fed cattle during September totaled 1.66 million head, 11 percent below 2022. Other disappearance totaled 57,000 head during September, 8 percent above 2022.  ...

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Competing Manufacturing Data

According to S&P Global, the US manufacturing sector grew for the fourth consecutive month in September. The U.S. manufacturing purchasing managers' index recorded 52 points in September, down from 53 a month prior and indicating a weaker rate of expansion of the manufacturing sector. A rea...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Recent Market Volatility Increases Futures Mispricing

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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