World Perspectives
livestock

Cattle on Feed Report

USDA released the monthly Cattle on Feed report today. Once again, placements surprised to the upside compared to pre-report analysts’ consensus expectations. The total cattle on feed inventory was 11.986 million head, which was slightly above last year’s 11.956 million head. Total feedlot inventory was the third highest for 1 November since 2000.  11222024dj.png 23.19 KBToday’s placement number indicates more market ready cattle this coming spring. Overall, the numbers look neutral near-term but could be bearish long-term because of higher placements. The outlook, however, also depends on beef demand holding up.October marketings as a percent of inventory were 15.4 percent, compared to 14.6 percent in September and 14.7 percent in Oct...

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From WPI Consulting

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.

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