When many major food services and several retail outlets made the decision to switch to cage-free eggs, the market was different than it currently is. Now producers who would need to transition to cage-free systems are finding it more difficult to make the move financially worthwhile. Putting the Brakes on Cage-Free Eggs? The move toward cage-free eggs has been discussed previously (see Ag Perspectives, 9 June). The bottom line is that when many major food services and several retail outlets made the decision to make the switch, the market was different than it is now. The producers who would need to transition to cage-free systems are now finding it more difficult to make the move financially worthwhile. As WPI projected in December 2015...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.