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livestock

Livestock Roundup: North American Beef and Pork Forecast

The U.S. beef cow herd stabilized somewhat in 2024. The average culling rate was 10.5 percent, but with a beef cow herd of 28 million, the cull rate would have to be around 9 percent – or less – and heifer retention must increase in order to enter into an expansion phase.   Holding back heifer retention is the current record price level for feeder cattle; producers are more than willing to take advantage of those record prices than to invest in future expansion. For many operations, current production risks outweigh potential future returns. April prices for medium to large-frame feeder cattle between 600 and 650 pounds are $290/cwt.

Steer prices are projected to reach $205.51/cwt for the year, up 10 percent, while fe...

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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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