January 2022 total red meat and poultry stocks were up from December but remained down 6.6 percent from January 2021 and at another five-year low for the month. Total pork and poultry stocks posted five-year lows in this month's report, despite an unusually large increase in poultry stocks. The surprises this month were from smaller-than-normal increases in ham, pork variety meat (offal), and pork trimming stocks. Beef stocks grew by a rate that exceeded their normal December-January increase as high prices prompted a slowdown in consumer purchasing...
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.