World Perspectives
livestock

Livestock Round Up: June Hogs and Pigs Report

USDA released its June quarterly Hogs and Pigs report today. Pre-report expectation was for a total inventory of 72.016 million head, down 0.7 percent from June 2022, but the actual inventory was 72.4, up slightly from June 2022, but down from the last quarterly report on 1 March.    Compared to last quarter, total inventory was 99 percent, breeding inventory was 101 percent, and market hogs were 99 percent of the 1 March totals. The comparison to 1 June 2022 is in the table below.  Productivity continues to improve; pigs saved per litter were 11.36 compared to 11 last year. All of the quarterly records for pigs saved per litter have been set within the last year. December to February (2023): 11.02 March to May (202...

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Livestock Roundup: Cattle on Feed Preview

USDA’s monthly Cattle on Feed report will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 99.1 percent of last year with the range of estimates between 98.7 and 99.7 percent of 1 September 2024. Those estimates imply an on-fee...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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