The recent unexpected surge in physical fed cattle prices has created significant discussion about what the beef and cattle price environment will be heading into the new year. It’s no secret that fed cattle supplies remain tight and that the pipeline is low amid the ban on feeder cattle imports from Mexico, both of which are obviously price-supportive factors. Additionally, spot beef demand has surprised to the upside in Q4, which left packers short-bought on cattle over the past two weeks. At the same time, seasonal trends in beef and cattle markets indicate the current strength is unlikely to last, as does existing weakness in parts of the beef market. The big question now is what demand will look like after the holidays and how tha...
What You Need to Know Today: Non-farm payrolls rose by 172,000 jobs in May, above economist expectations of 80,000 jobs. With the job market strong, the Fed may consider raising interest rates to tame inflation. The strong jobs report was a catalyst for lower risk appetite across financial and...
Newworld screwworm Update The detection of New World screwworm (NWS) in Texas on Wednesday has been volatile for the cattle markets. The confirmation came on Wednesday evening, and the futures market opened sharply lower on Thursday. Market participants cited unknowns about cattle supplies and...
With considerable fanfare—and few specifics—USDA last week announced its Great American Cotton Plan for 2026-2031. Secretary Brooke Rollins and industry leaders described the initiative as a comprehensive strategy to address the persistent challenges facing U.S. cotton production, d...
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.