World Perspectives
livestock

Cattle on Feed Report

USDA released the monthly Cattle on Feed report today. The total inventory of feedlots of 1,000 head or more capacity is 11.4 million head, 98 percent of last year.   This weekend commences the summer grilling season. Placements were 1.6 million head, 97 percent of last year, compared to 1.843 million head in March. Marketings at 1.83 million head were 97 percent of April 2024, but up from 1.72 million head in April. While the overall numbers were in line with pre-report expectations, this is the lowest placements have been since 2020, during the height of COVID at 13,100 more, and the second lowest since 2015 when the cattle herd was in the last rebuilding phase when cattle placements were 62,000 head lower.  As a percenta...

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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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