Politico interviewed 11 leaders in U.S. agriculture and determined that based on the pandemic, the food system is not ready for prime time. The thrust of the article is the need to crisis-proof the food system, as if pandemics happen all the time. For example, one observation is the need to stockpile PPE equipment, a conclusion also drawn more than a decade before the pandemic. Looking back to the top news of the 2020 pandemic, it was a shortage of toilet paper due to hording. There have been absolutely shortages of labor in harvesting and crop processing. Some will not like to solution to that problem – automation. In fact, unemployment increased the need to food, which was met with a very large increase in food assistan...
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 hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...