Post-November Economy Fiscal recklessness has its limit, and this will come home to roost. Having already borrowed and spent $3 trillion to revive the COVID-coma economy, Congressional Democrats want to spend another $2.2 trillion subsidizing states and cities, and Democratic presidential candidate Joe Biden plans to spend $2 trillion on electric cars and high-speed trains. A University of Chicago survey of leading economists indicates limited utility in such plans for employment. Instead, the larger risk is to inflation, debt servicing and real economic growth. Disparate Fears A Chicago Council survey of American opinion reveals that Democrats consider COVID the largest risk whereas Republicans are 40 percent more likely to say th...
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...
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.