Food Wins Commercial food workers hate fast line speeds at meat processors because it makes them work harder and reduces the required number of workers. Animal rights activists hate faster line speeds at meat packers because more animals get slaughtered. The Biden Administration is certainly supportive of labor, and even sympathetic to animal welfare. However, meat processors lack workers, and slower live speeds mean less meat and thus more inflation. USDA extended for 90 days a trial faster swine processing pace, and says it will extend waivers for faster line speeds at poultry processors. In short, consumers outnumber labor activists in an election year. Stating the Obvious The President’s Export Council is appointed by the...
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: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...