July 2026 total red meat and poultry stocks totaled 2.00 billion pounds, down 0.2 percent from June and 1.8 percent below July 2025 levels. The monthly decline contrasted with the typical 0.9 percent June-July increase and reflected a larger-than-seasonal drawdown in red meat inventories. Total red meat stocks fell 2.6 percent from June versus the average 1.5 percent decline but remained 1.7 percent above year-ago levels. Poultry stocks increased 1.7 percent for the month, slightly less than the typical 2.8 percent gain, and were 4.2 percent below July 2025. The report generally points to ...
What You Need to Know Today: New World screwworm is back in the headlines after new cases were found in a hunter-harvested elk in Texas and a beef cow in New Mexico. The detection in wildlife could further complicate containment efforts, as implementing effective biosecurity measures is consid...
Cattle on Feed Expectations USDA’s monthly Cattle on Feed report that will show cattle inventory statistics as of 1 October will be released tomorrow, 23 October. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 100.3 percent of last year, which imp...
Key Takeaways: Dry bulk markets remain mixed with Capesize rates turning around from their recent weakness and posting solid gains on improved Chinese demand. Panamax vessels, on the other hand, saw rates decline amid greater tonnage availability in the South Atlantic and falling U.S. Gu...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.