World Perspectives

California Cage-Free Redux

In 2008, California passed Proposition 2, which regulated the size of battery cages used in egg production in the state. The measure was fully in effect in 2015 and has had a considerable impact on the egg industry there. Proposition 2 regulated the size of poultry and livestock confinement on the basis of space requirements for animal movement and behavior. Tomorrow Californians will vote on a follow-up proposal, Proposition 12, that would further tighten the restrictions and define the space requirements. For layers, the standard would be the same dimensions as the cage-free guidelines recommended by the United Egg Producers of 1-1.5 square feet of floor space per hen. The proposal would also continue to ban the sale of shelled eggs (...

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Competing Manufacturing Data

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feed-grains soy-oilseeds wheat

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Recent Market Volatility Increases Futures Mispricing

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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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