Fewer and Heavier Cattle Mean Less Feed Last week's Cattle on Feed report showed an 11 percent drop in placements despite industry expectations of placements remaining steady. Total cattle on feed was 99 percent of last year, only the second time in 28 months that year-over-year monthly inventories have been down despite a smaller calf crop every year since 2006. Much of the feedlot inventory was based on Mexican feeder cattle coming into the U.S. and some Canadian cattle, too. However, the pace of Mexican imports is expected to decline as that country's herd situation is much the same as that in the U.S.: drought liquidation and shrinking herds.Last year's drought in the Southwest drove many smaller cattle to the feedlot. So far this...
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...
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.