World Perspectives
livestock

Cattle on Feed

USDA estimated United States Cattle on Feed Up 5 Percent for August 2018: Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.1 million head on August 1, 2018. The inventory was 5 percent above August 1, 2017. This is the highest August 1 inventory since the series began in 1996. Placements in feedlots during July totaled 1.74 million head, 8 percent above 2017. Net placements were 1.68 million head. During July, placements of cattle and calves weighing less than 600 pounds were 410,000 head, 600-699 pounds were 290,000 head, 700-799 pounds were 415,000 head, 800-899 pounds were 367,000 head, 900-999 pounds were 175,000 head, and 1,000 pounds and greater were...

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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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