It will take quite some time to determine the impact of Hurricane Harvey on cattle as well as that of U.S. beef exports to China. Meanwhile, USDA has changed its stance regarding an unpopular dairy program. Hurricane Harvey and Cattle According to Texas A&M, the 54 counties that have been declared disaster areas because of Hurricane Harvey have at least 1.2 million beef cows, which would be the equivalent of 27 percent of the 4.46 million head indicated by USDA’s January 2017 Cattle Inventory and Calf Crop report as the total in Texas. There are about 12.3 million head of cattle in the state.Efforts are underway to rescue, round up and/or deliver hay to stranded animals, move cattle to temporary holding areas and sort out where cattle...
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
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.