According to the U.S. Meat Export Federation (USMEF), the muscle cut ratio of March pork exports was the largest percentage since July 2013, while that for beef saw a slight drop from a year ago. Red Meat Exports According to the U.S. Meat Export Federation (USMEF), March pork exports accounted for 25 percent of total production and 21 percent when considering muscle cuts only. The muscle cut ratio was the largest percentage since July 2013. March beef exports accounted for 13 percent of total production and 10 percent for muscle cuts only, down from 14 percent and 11 percent, respectively, from the same month a year ago.The pork ratios for the first quarter of 2015 were 23 percent of production and 19 percent of muscle cuts. Export value...
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.
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...