Minimal Consolidation Seeing the Biden Administration’s rhetorical claim to be prosecuting consolidation in agribusiness, some farmer advocates are claiming a similar effort is needed to stem the loss of farmers. Like the charge of antitrust in agribusiness, the teeth gnashing over the number of farmers rings hollow. Over seventy percent of all farm losses occurred before 1974, driven out by automation. During the past eight years, the number of U.S. farms has declined at less than one-half percent per year. During that period, the average farm size grew just 2.3 percent (0.29 percent per year) and has not changed at all in the past couple of years. Missing from the discussion is the growth in the number of smaller farms, especially...
From WPI Consulting
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.