World Perspectives
livestock

Livestock Roundup: Turkey Production Adjusted Down

Turkey production in August totaled 434.7 million pounds, slightly above July production but down 11 percent year-over-year. August slaughter was down 15 percent year-over-year, but heavier weights in August (32.25 pounds) offset the reduced slaughter. Based on the August production data, estimated Q3 production was adjusted down by 20 million pounds to 1.270 billion pounds. Fourth-quarter projection is unchanged, and total annual 2024 production is projected at 5.110 billion pounds, a drop of 6.4 percent from 2023. Turkey poult placements totaled 20.3 million in August, a decrease of 9.6 percent year-over-year. This was consistent with July, when poult placements were also down about the same level year-over-year. Poults placed in Jul...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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