Among market watchers, there is now a great deal of prognostication about the pace of the cattle herd rebuilding amidst positive beef demand signs that can support continued expansion.As previously reported, the U.S. is officially in a new cattle cycle that started in 2015. These cycles are defined as a period when the number of beef cattle in the nation either expands or reduces as measured from trough to trough. Among market watchers, there is now a great deal of prognostication about the pace of the herd rebuilding. The obvious benchmark for measuring such growth would typically be the National Agriculture Statistics Service (NASS) 1 July Cattle Inventory survey. This is usually reported twice a year, 1 January and 1 July, but NASS annou...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.