There are a number of individuals finding a variety of things to criticize about the way food is produced, distributed and consumed. There is also another faction that is critical but for entirely different and conflicting reasons. They are the disciples of 18th century economist Thomas Malthus.When we were young, if one had a really strong interest in food beyond what was for dinner that evening, one could get involved in farming, the movement and marketing of food’s raw materials, its manufacturing, distribution and retailing or the associated complex sciences. All of those career choices are still available today, and they have apparently become increasingly popular among graduates from land-grant universities. However, there is another...
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.
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...