World Perspectives
livestock

Cattle on Feed Report Predicts the Future

USDA released its monthly cattle on feed report today; the inventory of cattle and calves on feed was 11.3 million, which is slightly above September 2021. This is the second highest total on feed for September on record. Marketings were in line with pre-report expectations.  The average daily marketings in August were 87,130 based on 23 days (one more than August 2021).  That is up from 86,905 based on 21 days in July 2022.  However, marketings as a percent of inventory on feed were well above at 17.8 percent. Placements were slightly above last year, and above the benchmark average pre-report expectation, but as we noted yesterday, there was one outlier forecast in the calculated average that pulled down the Olympic a...

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Venezuela Oil Situation and Oil Price Impacts

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feed-grains soy-oilseeds wheat

Market Commentary: Yield, Acreage Increases Sink Corn, Soybeans

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The world woke up on Jan. 3 to news of the arrest of Nicolas Maduro, the self-proclaimed president of Venezuela. Few expected this move from the U.S. administration, but in hindsight it may not have been surprising. The Biden administration had placed a $25 million bounty on Maduro through the...

feed-grains

WASDE Corn - Jan 2026

USDA’s Jan estimate for 2025/26 U.S. corn is for larger production and higher feed residual usage to result in greater ending stocks: Corn production is estimated at 17.0 billion bushels, up 269 million on a 0.5-bushel increase in yield to 186.5 bushels per acre and a 1.3-million acre ris...

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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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