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: 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...
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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.