The Livestock Environmental Assessment and Performance Partnership (LEAP) claims that pro-environment “ecolabels” are more appealing to shoppers. Meanwhile, Compassion in World Farming says consumers are willing to pay more for animal products with grown humanely labeling. Dispassionate researchers note a wide gap between an espoused willingness to pay more, and the actual voluntary up-payment for tertiary benefits. This reluctance to pay is evidenced by the fact that the organic foods section is a small subset within larger conventional food retail outlets in the U.S. Whole Foods Market focuses specifically on the organic/natural foods shopper and while it has grown fast, it has begun to stall at about 2 percent of total U.S...
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.