World Perspectives
livestock

Cattle on Feed

USDA will release its monthly Cattle on Feed report tomorrow. Pre-report estimates from the industry peg the total number of cattle on feed as of 1 May to be 104.8 percent of last year with April placements and marketings at 90.6 percent and 106 percent, respectively, of the totals for April 2017. Following are a few thoughts: With the vigorous pace of marketings versus placements, slaughter weights could be squeezed even though the yearly seasonal decline is about to end. The drop in placements must be viewed in context of the higher number last year; the 1 April inventory was the 16th consecutive month of increased year-over-year feedlot inventory. Fewer feeder cattle imports came from Canada and Mexico during April. Tomorrow&rs...

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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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