World Perspectives
livestock

Livestock Round Up

 COVID19 Market Mess   Like all other markets, the COVID19 virus is hammering the livestock markets, though the direction today was a little friendlier after continued big gains in wholesale red meat prices. Class III milk was the only livestock contract to close down today.  

Despite the increasing cutout values, it is virtually impossible to quantify the demand risk right now for cattle and hogs. The nearby contracts for live cattle and lean hogs expire after the current extraordinary containment/lock down measures are expected to end, but before demand will be able to recover. However, the biggest risk is the specter of a plant shutdown due to employees contracting the virus – that could be another situ...

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livestock

Livestock Industry Margins

Beef packer margins reversed sharply to -$17/head from $120/head the prior week, as rising fed cattle prices more than offset a modest decline in the Choice cutout. Fed cattle prices increased $12.92/cwt from the prior week while the cutout slipped $3.24/cwt, compressing gross margins and pushi...

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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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