The World Bank’s food security update notes that the agricultural price index rose one percent from August to September. Food inflation is high in low to middle income countries, with Zimbabwe and Lebanon standouts for having the highest inflation rates in both nominal and real terms (see graph below). The Bank estimates that over 205 million people worldwide are in crisis or worse. The largest increases for food insecurity are occurring in African countries. Notably, the share of rich countries with high food inflation has increased sharply. Hungary and Lithuania have both gone from around 4 percent nominal food inflation a year ago to the low 30 percentile. The UK has gone from 0.9 percent to 12.6 percent, and food price inflation...
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.