Beijing could have easily foreseen the error in its farm policy had it just looked at the European and American experiences with guaranteeing high prices to farmers. Food Tribe Gullibles Nobel economists Robert Shiller and Roger Akerloff have a new book entitled Phishing for Phools: The Economics of Manipulation and Deception, which basically declares the average consumer so inept that bad actors in the market easily play them for the fools they are. In short, they don't know the meaning of caveat emptor. Food editor Jenna Blumenfield interprets things differently, arguing that the Paleo, gluten-free Freegans of the world are an important source of innovation as their passion influences others. The problem is that no one, including govern...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.