World Perspectives
livestock

Cattle on Feed: Mostly Neutral

USDA released its monthly Cattle on Feed report today; the inventory of cattle and calves on feed on feedlots with 1,000 head capacity or more on 1 February was 11.7 million, or 96 percent of February 2022. The report was generally in line with pre-report expectations; only placements were below the pre-report estimates.

This is the fifth consecutive month where on-feed inventories are lower than year ago levels, a trend that is almost certain to continue through much of 2023 which saw 9 of the 12 months equal to or higher than year ago levels. 

The average daily marketings in January 2023 were 92,350 based on 20 days. That compares to December at 82,905 based on 21 days and January 2022 at 84,428 over 21 days. Marketings as a pe...

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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.

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