Killing Meat California will require 100 percent cage-free eggs next year and is now crafting a requirement that sows be given at least 24 square feet of living space. Since the requirements apply to products coming from other states where most of it originates, it is roiling largely Midwest farms and processors. But the EU has California beat. It will consider a European Citizens Initiative called “End the Cage,” potentially meaning no artificial barriers for animals. Europe is regulating livestock production on multiple levels from pig tail docking to transportation hours, and animal welfare labeling. Fur farming is going away, and Norwegian fish mongers fear the next ban will be on the centuries old practice of drying fish o...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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.