Livestock feed price ratios forecast for December 2013 already show dramatic changes over the past two years in terms of livestock profitability.Feed OutlookIt is a new year with bigger crops and moderating to significantly lower prices that should provide a much needed break for the economic pressures that the livestock industry has been facing. Corn prices are down and fell a full 40 percent for the year in a drop on the last day of trading in 2013. It was the largest decline of any of the 24 commodities on the S&P commodities index based on the record 13.98 billion bushel U.S. harvest. This will likely spur consumption but still lead to expanding stocks by the end of the year, perhaps even into 2014 if yields stay on trend. China's r...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.