Remaking a Food System The Common Agricultural Policy (CAP) was crafted in the late 1950s to respond to chronic food shortages in Europe following WWII. Spin forward 70 years and major concerns include obesity and agriculture’s damage to the environment. As a food production tool, the CAP was too successful in the eyes of some but whether its next iteration under the Farm to Fork Strategy can retain food security while conquering new goals is unclear. There are reasonable questions about the new objectives. For example, there is the goal of reducing the use of synthetic chemical pesticides. Integrated pest management can reduce the need for pesticides but general animosity against chemistry is more of a philosophical motivation than...
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...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
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.