U.S. Cattle on feed for the slaughter totaled 11.2 million head on September 1, 2024 - which was 1 percent above September 1, 2023. Placements in feedlots during August totaled 1.98 million head, 1 percent below 2023. Marketings of fed cattle during August totaled 1.82 million head, 4 percent below 2023. Other disappearance totaled 54,000 head during August, 2 percent below 2023. ...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...