World Perspectives
livestock

WASDE Livestock

Today’s WASDE raised the projected estimate for red meat production by 0.9 percent over the January estimate and broiler production up just slightly. As USDA noted, “the beef production forecast is raised from the previous month primarily on higher cattle slaughter and heavier-than-expected early-year cattle weights” and “pork production is raised on higher expected hog slaughter as well as heavier carcass weights in the first half of the year.”  As we noted on 4 February, heavy weights so far this year were going to push up the forecast regardless if high feed prices force some slimming into the year. Two weeks ago, the average cattle slaughter weight hit 1,400 pounds and last week it was 1,403 pounds. A...

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Sugar Supply and Demand Situation

Mexico’s 2025/26 sugar production is estimated to be 5.024 million MT, reflecting about a 6 percent increase from 4.7 million MT after the past two years of weather-affected output, including both persistent drought and ill-timed rains. Nonetheless, production remains near the low end com...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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