According to the U.S. Meat Export Federation (USMEF), the muscle cut ratio of March pork exports was the largest percentage since July 2013, while that for beef saw a slight drop from a year ago. Red Meat Exports According to the U.S. Meat Export Federation (USMEF), March pork exports accounted for 25 percent of total production and 21 percent when considering muscle cuts only. The muscle cut ratio was the largest percentage since July 2013. March beef exports accounted for 13 percent of total production and 10 percent for muscle cuts only, down from 14 percent and 11 percent, respectively, from the same month a year ago.The pork ratios for the first quarter of 2015 were 23 percent of production and 19 percent of muscle cuts. Export value...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.