USDA and sugar have been married since 1934. With such an old marriage, there are all manner of promises, obligations and compromises. There are disagreements and arguments, and occasional calls for divorce, but they lack real conviction. We outsiders find it all so difficult to understand. The marriage also produced an unexpected offspring with an ugly name, High Fructose Corn Syrup (HFCS). By keeping domestic sugar prices above world prices, U.S. sugar policy helped create a powerful incentive for food manufacturers to find a cheaper sweetener. American corn refiners were happy to oblige. USDA’s sugar program is notoriously complicated, with government intervention at almost every level of the value chain. USDA supports sugar prices...
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.