World Perspectives
livestock

Livestock Roundup: Cattle on Feed Preview

USDA will release its Cattle on Feed report tomorrow; the consensus pre-report analysts’ estimate is for the inventory of cattle on feed to be 101 percent of the prior year. This would be the sixth consecutive month that inventories were equal to or larger than the previous year. Prior to that, from September 2022 to September 2023 feedlot inventories were below year ago levels.  The analysts’ pre-report estimates have marketings at 104 percent of last year and placements at 106 percent of last year, the latter coming in a range of 103 to 109 percent of 2023. For both, note that this is a leap year with an extra day in February. Likewise for placements, feeder cattle imports are running ahead of last year. However, as...

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End of the Year: Lots to Do and a Short Time to Get it Done

Congress returns this week from their Thanksgiving recess to wrap up end-of-year priorities. There are only 13 days of legislative sessions remaining in the House, with 12 days before the 30 January deadline when the government runs out of money once again. The Senate has 12 days of session rem...

livestock

Livestock Industry Margins

Beef packer margins surged for a fourth consecutive week, jumping $108/head to $228 and marking the strongest profitability in more than two years. Margins rose on the combination of a $5.88/cwt decline in live cattle and an $13.20/cwt drop in dressed cattle prices, while the Choice cutout ease...

feed-grains soy-oilseeds wheat

Market Commentary: Snow Falls Across Midwest, Commodities Fall Across CBOT

The U.S. Midwest received heavy snowfall this weekend and as snowflakes drifted lower so – apparently – did CBOT traders’ sentiments. The ag markets were almost entirely on the defensive to start the last month of the year with soyoil being the only major market to see meaning...

End of the Year: Lots to Do and a Short Time to Get it Done

Congress returns this week from their Thanksgiving recess to wrap up end-of-year priorities. There are only 13 days of legislative sessions remaining in the House, with 12 days before the 30 January deadline when the government runs out of money once again. The Senate has 12 days of session rem...

livestock

Livestock Industry Margins

Beef packer margins surged for a fourth consecutive week, jumping $108/head to $228 and marking the strongest profitability in more than two years. Margins rose on the combination of a $5.88/cwt decline in live cattle and an $13.20/cwt drop in dressed cattle prices, while the Choice cutout ease...

feed-grains soy-oilseeds wheat

Market Commentary: Snow Falls Across Midwest, Commodities Fall Across CBOT

The U.S. Midwest received heavy snowfall this weekend and as snowflakes drifted lower so – apparently – did CBOT traders’ sentiments. The ag markets were almost entirely on the defensive to start the last month of the year with soyoil being the only major market to see meaning...

Ag as Affordability Solution; EU Developments

Ag as Affordability Solution Around 12 percent of Americans received federal food assistance (SNAP) and 10 percent are classified as living below the poverty line but financial analyst Michael W. Green has controversially calculated the threshold at $136,500/year. After all, a family of four li...

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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.

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