Despite less expensive feed last year, high cattle prices until the end of the year kept feedlot margins mostly in the red. With an expanded cattle supply and cheaper feedstuffs, however, this year looks to bring some stability back to feeding operations. Feeder Outlook With an expanded cattle supply and cheaper feedstuffs, this year looks to bring some stability back to feeding operations. Despite less expensive feed last year, high cattle prices until the end of the year kept feedlot margins mostly in the red. The higher costs of feeder calves more than offset the reduction in feed costs and also led to cattle on feed being held to heavier weights. Marketings of cattle from feedlots in 2015 were lower every month (except November and De...
What You Need to Know Today: Agricultural commodities were mostly lower on the day, with red-hot soyoil a notable exception. Export sales were a bit underwhelming, particularly for corn with export sales down 52 percent week-over-week. The weakness in ag markets tracked crude oil weakness wit...
With the war in Iran affecting fuel and fertilizer prices, higher tariffs, weak commodity prices, ag labor constraints, and other factors, farm bankruptcies are now at a 6-year high, a signal of growing stress. During the month of April, 62 Chapter 12 bankruptcies were filed, which is a 1...
What You Need to Know Today: The U.S. struck Iranian military targets for the second time this week. During a cabinet meeting, President Trump said that the Strait of Hormuz is international waters and will be open to everybody, which appears to be wishful thinking. Control of the Strait...
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.