U.S. Cattle on Feed was up 2 percent on November 1, 2023 to total 11.9 million head. The inventory was 2 percent above November 1, 2022. Placements in feedlots during October 2023 totaled 2.16 million head, 4 percent above 2022. Marketings of fed cattle during October 2023 totaled 1.76 million head, 3 percent below 2022. Other disappearance totaled 55,000 head during October 2023, 2 percent above 2022. ...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...