Early this month, USDA proposed the Poultry Grower Payments Systems and Capital Improvement Systems rule, the third in a series of livestock and poultry marketing regulations. This proposal is targeted at regulating so-called tournament pricing systems for poultry This rule has been long in the making; it was promised in 2021 in President Biden’s Executive Order on promoting competition in the economy and was preceded by another regulation requiring more transparency in tournament contracts. The transparency rule, which went into effect in February, after being proposed in May 2022, requires poultry companies to disclose a myriad of data – including some not relevant to growers’ operations. But information such as annual...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.