It was a big day for livestock market reports from USDA with the monthly Cattle on Feed report and the quarterly Hogs and Pigs report, both at the closing hours of the day before the Christmas holiday break. Below is a look at cattle on feed, and a summary of the hogs and pigs report – with more analysis on the hog and pork sector coming next week. The cattle report brought more bearish news, the total inventory of cattle on feed in feedlots of 1,000 head or more capacity grew to 12 million head. This was the third month in a row with larger on feed inventories than a year ago during the 2022 drought induced liquidation. Until September, inventories have not been higer than the year prior since August of 2022. ...
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.