Food Safety Trouble An extensive research effort by Politico on food regulation at the U.S. Food & Drug Administration reveals a troubled agency. Among other problems, it finds a flawed organizational structure, an overly cautious culture, and a lack of funding. A report by the Congressional Research Service notes that, “Although FSIS is responsible for roughly 10%-20% of the U.S. food supply, it has received about 60% of the two agencies’ combined food safety budget. Although FDA has been responsible for 80%- 90% of the U.S. food supply, a few years ago it received about 40% of the combined budget for federal food safety activities.” It is also noted that “FDA commissioners almost always come from the medical s...
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.
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...