Nibbling at the Edges The G8 summit last week emphasized the need to boost food security in Africa, and while the U.S. is adding private sector investment and some policy reform ambitions, it is still a light touch when it comes to the real causes of food insecurity: poor governance, corruption, lack of rule of law. The OECD Ministerial this week also nibbled around the edges of the problem. Its declaration calls for an emphasis on structural, social, green and institutional issues. It added an emphasis on "integrity and anti-corruption efforts" but then it invited the fox (Russia) into the hen house with membership on the Working Group on Bribery in International Business Transactions. Presumably some African dictators will be asked to...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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.