World Perspectives
livestock

Pre-Report Forecasts

The release tomorrow of USDA’s Cattle on Feed report gets the monthly series back on schedule after the government shutdown. It will show the total number of cattle on feed as of 1 March (the 1 February report was released two weeks late on 8 March). Pre-report forecasts peg the total inventory in feedlots of 1,000 head capacity down slightly to 99.7 percent from last year. While the drop is small, it is the first decrease from year-ago levels since December 2016.

February placements are expected to be 96.2 percent of last year. Meanwhile, marketings are anticipated to be more current, coming in at 100.8 percent of a year ago. The tough weather conditions on the Plains have had an impact on placements and are continuing to do so...

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FOB Prices and Freight Rates App (Updated 4 March)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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