While the U.S. remains a major producer of citrus fruit, it is also a major consumer of the products and thus is increasingly dependent on imports. Over the past eight years, imports of citrus have increased 120 percent as a share of total consumption and now comprise nearly a fifth of all citrus fruit disappearance. Domestic production has fallen by a quarter as prime production areas like Florida (orange juice) and the Southwest (fresh fruit) succumb to pressures including disease, high land values, contested water resources, and labor constraints. China has been a standout for increased production, though it has strong domestic demand like the U.S. Citrus fruits are subject to highly limited production areas, favoring semi-tropical or t...
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.
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...