World Perspectives
livestock

Livestock Roundup: Reading the Tea Leaves on Cattle Herd Rebuilding

Cattle cycles are measured from low point to low point, which means that the current cycle started in 2014, peaked in 2019, and was ongoing in 2023.  

Thus, a key question is: will record cattle prices (so far, and projected by USDA) in 2024 trigger an expansion of the cattle herd and start a new cattle cycle? Looking back at 2023, cattle prices hit records but feed, forage and financial, and fertilizer costs were all higher than typical levels and the beef herd continued its contraction as producer margins did not keep pace with cattle prices. As of 1 January 2024, the U.S. cattle herd dropped to 87.2 million head, the lowest since 1951. Reductions were seen at virtually every level of the cattle supply compared to the beginn...

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Kevin Warsh’s Confirmation Hearings and Policy Directions

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biofuel energy

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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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