Limits of Leverage The livestock industry is awaiting word from the U.S. Supreme Court on whether it will hear its challenge to California’s Prop 12 but already there are possible cracks appearing in states going it alone. The state of Massachusetts had adopted its version of Prop 12 on animal welfare called Question 3, but now legislators are voting to delay its implementation. Massachusetts has one-sixth the population of California and ranks number 47 out of 50 states in agricultural production. Suppliers have not been quick enough to change their production methods to satisfy the demands of such a smaller market. Now California’s role as the top agricultural producer is threatened by climate change. Farmers are being paid 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...