Flailing on Inflation Many months after inflation began eating into pocketbooks, the Biden Administration is on a full court press to try and address the problem. When it comes to food inflation, there is little that can be done. It simply costs more to grow, process, and ship product. When it comes to meat, U.S. consumer demand is robust. Matt Sherman at Kern Meat Company points out the dynamic of politicians going after the handful of major meat packers during periods of inflation is more than a century old. Increased regulation raises costs, and the White House idea of taxing windfall profits will likely reduce supply. The larger problem is public distrust of government. A survey by the Gardner Food and Agriculture Forum, a conso...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.