World Perspectives
livestock

COF

USDA released its monthly Cattle on Feed (COF) report today, which contained some interesting data.USDA released its monthly Cattle on Feed (COF) report today. The total number of cattle on feed as of 1 September was 10.5 million or 104 percent of last year. This surpassed the industry’s average pre-report estimate (see Ag Perspectives, 21 September), although it matched the highest end of the range.Placements in August totaled 1.93 million head or 103 percent above a year ago, exceeding the average pre-report estimate of 96.8 percent. Meanwhile, marketings were 1.98 million head or 106 percent, matching that average pre-report estimate.On the one hand, the rationale for lighter placements is credible as those from March through June saw do...

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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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