The May WASDE included this disclaimer: Effective May 11, 2025, the USDA announced the suspension of live cattle, horse, and bison imports from Mexico due to recent detections of New World Screwworm (NWS) in southern Mexico. Forecasts in this report reflect this suspension and, in the abs...
Meat packer margins worsened again last week as profits for both beef and pork packers declined. Beef packer margins were sharply lower and hit another record low at -$253/head thanks to record highs in fed cattle prices that outpaced gains in the beef markets. Pork packer margins turned negati...
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.