World Perspectives

Report: Ag Productivity Not on Trend to Meet Needs in 25 Years

A new report out of Virginia Tech University concludes that increasing agricultural productivity is not enough to meet demand for global ag production by 2050.  Specifically, the report says that,  … since 2011, average annual agricultural total factor productivity (TFP) growth has consistently fallen below the target growth rate required to sustainably meet global needs for agricultural outputs by 2050. TFP is simply a measure of the output of crops and animal protein (including aquaculture) using the same or less inputs such as land, labor, capital, fertilizer, feed, and livestock.  According to the report, from 2011–2021, global TFP grew at an average of 1.14 percent annually; to meet the needs of 2050 a rat...

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From WPI Consulting

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.

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