USDA and the EPA have targeted a 50 percent reduction in food waste by 2030, which is about 4.75 billion pounds (2.375 MMT) annually for the next 14 years. They are proposing a hierarchy of actions to accomplish this, which could possibly have significant, unintended consequencesReducing food waste is a hot new topic among the news media and in political circles. Even some retailers are testing the market demand for this cause. Walmart is now selling “ugly” apples and potatoes in test markets at a discount to regular commercial produce, and Trader Joe’s is following suit. These are products that are misshapen, scarred or dented, which can occur from growing conditions and during handling. Sometimes the products are just smaller than average...
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.