Although USDA’s Cattle on Feed report was in line with expectations, the quarterly Hogs and Pigs report was not.WPI’s last Livestock Roundup (see Ag Perspectives, 22 December) previewed the next day’s release of USDA’s monthly Cattle on Feed and quarterly Hogs and Pigs reports. The Cattle on Feed report was in line with expectations. Pre-report estimates pegged total inventory on feed on 1 December at 98.5 percent of last year, and the actual came in at 99 percent. Market attention would normally focus on the “Feeder Cattle Supplies Outside Feedlots” table in order to determine the size of the herd on pasture and wheat that is ready to move onto feedlots. In March, however, USDA’s National Agricultural Statistics Service (NASS) suspended th...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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.