The cost of beef around the world is highly variable. While the average for 97 countries is $11.40/pound for a kilo of top round or back leg equivalent, it will cost $55.58 in Switzerland and just $3.68 in Pakistan. That makes Switzerland 15 times more expensive to get a steak. Of course, it isn’t just beef that is expensive in Switzerland, but cheese is only four times more valuable in the Alps than the Karakoram. Large beef importers like Japan and South Korea have high prices, but the U.S. has a relatively average price and is both the largest beef importer and fourth largest beef exporter. Notably, exports and imports are of different qualities. Brazil is the world’s largest beef exporter and is priced at half the cos...
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
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.