Tomorrow, the USDA will release its January Cattle Inventory Report. Given USDA’s decision to drop the July mid-year report due to budget constraints, tomorrow’s inventory report has been highly anticipated. On Monday of this week, WPI noted the significance of the upcoming report. The next key insight into the markets will be the January cattle report which will show the size of the breeding herd, the size of the 2024 calf crop, and the number of feeder cattle outside of feedlots, i.e. calves under 500 pounds, non-replacement heifers, and steers over 500 pounds. This will be another important piece of information on the cattle inventory and is not expected to show conflicts with the Cattle on Feed report. Last year’...
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.
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...