Paying for Greener Food The drive toward conditioning food imports on sustainable farming practices is frightening developing countries and thus provoked the concern of the UN’s Food and Agriculture Organization. European Member of Parliament Herbert Dorfmann (EPP-Italy) thoughtfully notes that consumers are going to have to be willing to pay the higher cost of food produced with fewer inputs per the Farm to Fork edicts. Voluntarily paying more rarely works but if Amsterdam can restrict the amount and type of holiday lights on display, presumably some governments can dictate the food that is eaten. Perhaps not in France where Minister of Agriculture Julien Denormandie rejects greener cell-cultured meat, saying “meat come...
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.